No longer on the market
This property is no longer on the market
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Area stats2 bedroom terraced house
Auction
Terraced house
2 beds
764
EPC rating: D
Key information
Features and description
- Status: Available
- Type: House
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 29 June 2023
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
Two Bedroom mid terraced tenanted house near to Horden train station with daily connections to Middlesbrough. Tenant pays £400 per month (rent should be increased) paid direct to landlord. Local authority: Durham County Council. Features front and back entrance. Rear garden area. Quiet street. Near to beach and parks. Horden is a former mining community on the North Sea coast, about 12 miles south of Sunderland. The long beach, composed mainly of shingle and pebble, backed by grasslands and cliffs, bears testament to this industrial past. There are some good walks to be had along the beach, the cliff tops, and to the south, around Dene mouth. Places to eat, shops and other amenities can be found in Peterlee. Horden Beach is on the Durham Heritage Coast. All commission outlays, and conveyancing costs be be paid by the purchaser upon completion. Two bedroom terraced house rent is £400 per month * Rent can be increased now to £500 per month * Rent paid direct to landlord since 2018. New boiler and heating system installed 2022. PERFECT, LOW COST ADDITION TO ANY INVESTMENT PORTFOLIO with good rental return within extremely high demand residential location.
Auction Details
29 June 2023, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
Two Bedroom mid terraced tenanted house near to Horden train station with daily connections to Middlesbrough. Tenant pays £400 per month (rent should be increased) paid direct to landlord. Local authority: Durham County Council. Features front and back entrance. Rear garden area. Quiet street. Near to beach and parks. Horden is a former mining community on the North Sea coast, about 12 miles south of Sunderland. The long beach, composed mainly of shingle and pebble, backed by grasslands and cliffs, bears testament to this industrial past. There are some good walks to be had along the beach, the cliff tops, and to the south, around Dene mouth. Places to eat, shops and other amenities can be found in Peterlee. Horden Beach is on the Durham Heritage Coast. All commission outlays, and conveyancing costs be be paid by the purchaser upon completion. Two bedroom terraced house rent is £400 per month * Rent can be increased now to £500 per month * Rent paid direct to landlord since 2018. New boiler and heating system installed 2022. PERFECT, LOW COST ADDITION TO ANY INVESTMENT PORTFOLIO with good rental return within extremely high demand residential location.
Auction Details
29 June 2023, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Area statistics
Crime score
High crime
9/10
Home prices (average)
2 bedroom terraced houses
£52,377
£52,377
About this agent
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.