This property is no longer on the market
2 bedroom terraced house
Key information
Property description & features
- Status: Available
- Type: House
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 29 June 2023
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
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on December 23, 2021 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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