The Lodge, Browney Lane, Browney, Durham, County Durham, DH7 8HU
Property Description
The subject property was originally constructed in the early 1900s and formed part of the local Browney Colliery. It served as an important community hub and was even recognised as a notable place of work during the Second World War. The property is arranged over three floors. The ground floor comprises four bedrooms with en-suite bathrooms, along with a communal kitchen and living area. The first floor includes three bedrooms, a communal living space, a communal kitchen and a shared bathroom. T
+ Read MoreFour rooms are currently let, generating a combined income of £2,646 pcm (£31,752 per annum). The remaining seven rooms are vacant but were previously let at a combined income of £4,645 pcm (£55,740 per annum). This reflects a total estimated rental value (ERV) of £7,293 pcm (£87,516 per annum) when the property is fully occupied.
Auction Surveyor: Bryn Nettle
Contact: 0207 614 9931
bryn.nettle@strettons.co.uk
* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #16] Note that in addition to the purchase price there is a buyer’s administration fee [section #11] and there may be additional non-optional fixed or variable fees and costs [section #12]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.
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The Lodge, Browney Lane, Browney, Durham, County Durham, DH7 8HU
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