No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£55,000
Added > 14 days

3 bedroom terraced house for sale

Lancaster Hill, Peterlee, Durham, SR8 2EQ
Auction
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Terraced house
3 bed
1 bath
EPC rating: C*
882 sq ft / 82 sq m

Key information

Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Gas
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
  • Three bedrooms
  • End terrace property
  • Tenanted investment
  • Over 9% yield
  • Long term tenant
We welcome for sale this fantastic investment opportunity situated on Lancaster Hill in Peterlee, County Durham.
The property has been rented to a long term tenant for 11 years and would bring in over 9% yield. It briefly comprises of: entrance porches to both front and rear aspects, hallway to the kitchen and dining room, lounge, three bedrooms and a family bathroom.
Externally, the property benefits from an enclosed court-yard to the rear aspect and access to a communal playing field to the front. There is also off-road parking spaces to the rear aspect.
We are expecting a high level of demand in this realistically priced tenanted investment, and early viewing is essential to avoid disappointment.
For any further information or to book your internal viewing please call Pattinson on[use Contact Agent Button].

Council Tax Band: A
Tenure: Freehold

Rooms

Front Porch
Entrance through UPVC door to the front aspect into porch. With built in cupboard and access to dining room.

Lounge 4.70m x 3.70m (15ft 5in x 12ft 1in)
With double glazed French doors to the rear aspect, laminate flooring, electric fire, radiator, TV point and open access to the dining room.

Dining Room 6.60m x 2.80m (21ft 7in x 9ft 2in)
With a double glazed bow window to the front aspect, radiator, laminate flooring and open access to the kitchen.

Kitchen
The kitchen is fitted with a range of wall and base units, with roll top work surfaces and a sink and drainer unit. With plumbing for a washing machine, electric cooker point, radiator, double glazed window to the front aspect and laminate flooring.

Rear entrance Porch
With a double glazed UPVC door to the rear aspect and vinyl flooring. And access to the hallway.

Hallway
With carpeted flooring, single panelled radiator and staircase to the first floor.

First Floor Landing
With carpeted flooring.

Bedroom One 3.50m x 3.40m (11ft 5in x 11ft 1in)
With a double glazed window to the front aspect, carpeted flooring, radiator, TV point and two built in storage cupboards.

Bedroom Two 3.20m x 3.70m (10ft 5in x 12ft 1in)
With a double glazed window to the rear aspect, carpeted flooring, TV point and single panelled radiator.

Bedroom Three 2.50m x 3.10m (8ft 2in x 10ft 2in)
With a double glazed window to the rear aspect, single panelled radiator, TV point and carpeted flooring.

Family Bathroom
The family bathroom is fitted with a three piece suite comprising of: low level WC, panelled bath and a pedestal wash hand basin. With vinyl flooring, tiled walls and a double glazed window to the front aspect.

External
The property offers an enclosed court-yard area to the rear with a brick built outbuilding. The front aspect looks onto a communal playing field and there is off-street parking bays in the street.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Places of interest

    What we do? When it comes to property we do virtually everything!  Residential Sales Whilst we may sell thousands of properties every year we still offer a personal service through our branches.  We know how stressful it can be selling a property and we are there every step of the way to offer advice and support. From the experienced valuer who visits your property to the office manager and sales negotiators we are always there to provide feedback and advice.   Residential Lettings Whether you are a buy to let landlord or an ‘accidental’ landlord, we offer a range of services from tenant find only to fully managed depending on how actively you want to be in the rental of your property.  We will carry out viewings for free and make sure that your tenant is properly referenced, if we wouldn’t accept them as a tenant for our property we wouldn’t recommend them to you!  We have landlords who we have worked with for over thirty years and we are pleased to say that most of our landlords come back to us to find a new tenant when the property is coming available again. 

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    Property reference 432045. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson - Peterlee.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on April 14, 2023

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on April 14, 2023

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    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 March 6, 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.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

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