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£30,0002 bedroom terraced house for sale
Peterlee SR8
Auction
Chain-free
Reduced
Energy Efficient
Terraced house
2 beds
1 bath
775
EPC rating: D
Key information
Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 10000Mbps *
Mobile signal:
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Features and description
- Two Bedroom Terraced House
- Auction Property
- New Flooring Throughout
- Investment Potential
- No Chain
- On-Street Parking
- Rental Demand
- Rear Yard
Video tours
This two-bedroom, one-bathroom terraced home offers a solid opportunity for anyone looking to invest or add to their portfolio. Keep reading to see what makes this property a great option.
Investment Potential:
This property can be transformed into a long-term rental home offering an attractive yield of around 13%. It is ready for the rental market, with an estimated rental income of £425 pcm.
Prime Location close to Castle Dene Shopping Centre:
This property is ideally situated just a five-minute drive from Castle Dene Shopping Centre, giving you quick access to essential shops and amenities. The closest train station is Horden, only a 3-minute drive or 9-minute walk, making it perfect for commuting to surrounding areas or further afield. You're also just a 5-minute drive from Horden Beach, offering a lovely coastal spot to enjoy in your free time. Finally, the property sits within easy reach of the A19, providing excellent transport links for commuting to nearby towns such as Peterlee, Seaham, Sunderland, and Newcastle.
Energy Efficient Living - EPC Rated C:
Enjoy lower energy bills and improved efficiency with this property's excellent EPC rating of C, offering both environmental benefits and potential savings for the homeowner or tenant.
Downstairs you are greeted by a small entrance area, leading to a cosy living room that features alcoves in the wall, perfect for providing space for storage or shelves. The property also benefits from new carpets throughout.
To the rear is the kitchen, providing ample cabinetry and space for under counter appliances. The kitchen also has space to create a small breakfast bar area. The boiler, placed in the kitchen, is also fairly new, being only a few years old. The rear door leads out to the enclosed yard space that also features an outhouse shed, which can be used for extra storage.
You also have one family bathroom on the first floor, complete with a bath and an overhead shower.
Upstairs there are two bedrooms, one double room and one single room, both benefitting from the new carpets.
Externally you have on-street parking to the front of the property. There has also been a new roof fitted on this property.
This property is ideally located just a five-minute drive from Castle Dene Shopping Centre, giving easy access to everyday amenities. It also sits close to the A19, providing excellent transport links for commuters, allowing straightforward travel to nearby towns such as Peterlee, Seaham, Sunderland, and even Newcastle. The closest train station is Horden, only a 3-minute drive or a 9-minute walk, making it perfect for commuting further afield. You're also just a 5-minute drive from Horden Beach, offering a scenic coastal spot to enjoy in your downtime.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Council Tax Band: A (Durham County Council)
Tenure: Freehold
Parking options: On Street
Garden details: Rear Garden
Investment Potential:
This property can be transformed into a long-term rental home offering an attractive yield of around 13%. It is ready for the rental market, with an estimated rental income of £425 pcm.
Prime Location close to Castle Dene Shopping Centre:
This property is ideally situated just a five-minute drive from Castle Dene Shopping Centre, giving you quick access to essential shops and amenities. The closest train station is Horden, only a 3-minute drive or 9-minute walk, making it perfect for commuting to surrounding areas or further afield. You're also just a 5-minute drive from Horden Beach, offering a lovely coastal spot to enjoy in your free time. Finally, the property sits within easy reach of the A19, providing excellent transport links for commuting to nearby towns such as Peterlee, Seaham, Sunderland, and Newcastle.
Energy Efficient Living - EPC Rated C:
Enjoy lower energy bills and improved efficiency with this property's excellent EPC rating of C, offering both environmental benefits and potential savings for the homeowner or tenant.
Downstairs you are greeted by a small entrance area, leading to a cosy living room that features alcoves in the wall, perfect for providing space for storage or shelves. The property also benefits from new carpets throughout.
To the rear is the kitchen, providing ample cabinetry and space for under counter appliances. The kitchen also has space to create a small breakfast bar area. The boiler, placed in the kitchen, is also fairly new, being only a few years old. The rear door leads out to the enclosed yard space that also features an outhouse shed, which can be used for extra storage.
You also have one family bathroom on the first floor, complete with a bath and an overhead shower.
Upstairs there are two bedrooms, one double room and one single room, both benefitting from the new carpets.
Externally you have on-street parking to the front of the property. There has also been a new roof fitted on this property.
This property is ideally located just a five-minute drive from Castle Dene Shopping Centre, giving easy access to everyday amenities. It also sits close to the A19, providing excellent transport links for commuters, allowing straightforward travel to nearby towns such as Peterlee, Seaham, Sunderland, and even Newcastle. The closest train station is Horden, only a 3-minute drive or a 9-minute walk, making it perfect for commuting further afield. You're also just a 5-minute drive from Horden Beach, offering a scenic coastal spot to enjoy in your downtime.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Council Tax Band: A (Durham County Council)
Tenure: Freehold
Parking options: On Street
Garden details: Rear Garden
Property information from this agent
About this agent
Selling your home, or an investment property, is a huge opportunity to gain a life-changing amount of money and at NGU Homesales & Lettings we do not take that opportunity lightly; there's no easier way to make an extra £10,000+, tax-free! An estate agent will traditionally value your property and sell it to the first person who offers something close to the asking price and then manage the sale smoothly to completion... Sounds okay right? It is, but we think our main job is to maximise the price we can get for you, why? - If you were selling anything else, would you sell it for less than it's worth? - It's the easiest way to get a life-changing amount of money, all tax-free. - It could be the difference between you getting your dream home or having to wait. - If you're looking to retire, every extra £1,000 counts. Whatever the reason, we take maximising your return incredibly seriously. Our mission is to generate long-term wealth for our customers, and this is your biggest opportunity to do so. That's why we prefer a modern way of selling: Within 7 days of your property being listed, we will launch it by: - Advertising it on the major portals to generate interest. - Sharing your property on our social media platforms. - Sending it to our 5,000-strong database of potential buyers. - Within a week of the launch, we will organise a block viewing. We believe that valuing your property competitively and launching it in this way allows us to maximise interest. By doing so it allows us to organise a block viewing which will mean: - You'll only have to clean your house once. - You will sell your house more quickly. - It will create urgency amongst the interested buyers by having them view together. - By creating competition, it also means that those interested have to react much faster and increase the likelihood of multiple offers being received. - We can then use those multiple offers to extract the best price for you either through best and final offers or by negotiating upwards. This is your ideal position to be in! It's our job to get you the best price for your property to allow you to get your dream home, a bigger pension pot, or just some extra money in the bank. Whatever the reason it's our job to NEVER GIVE UP and help you achieve it. We also sell investment properties through our 10,000-strong investor database who are looking to buy either empty or ideally tenanted properties. Our investors generally love tenanted properties so they can get rent from day 1 so if you're struggling to sell or want to sell with a tenant in situ, to avoid the property becoming empty, let us know and we will be able to help.