2 bedroom terraced house for sale
Key information
Features and description
Auction Commencing on Wednesday 04th February from 11am by Livestream Auction With Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeast
Two-Bedroom Mid-Terrace House – Ideal Investment Opportunity
This two-bedroom mid-terrace property offers an excellent opportunity for investors or developers seeking a refurbishment project with strong rental potential. Situated in the popular residential area of Horden, the property is within easy reach of local amenities, transport links, and the nearby coast.
The accommodation is arranged over two floors and comprises a spacious living room, kitchen/dining area, and rear access to a small yard. To the first floor are two well-proportioned bedrooms and a bathroom. The property requires a full scheme of refurbishment throughout, presenting an ideal blank canvas for improvement and value enhancement.
Once modernised, the property would make an attractive buy-to-let investment or first-time buyer home, benefiting from double glazing, gas connections, and a traditional terrace layout.
Accommodation
Ground Floor: Entrance hall, living room, dining area, kitchen.
First Floor: Landing, two bedrooms, bathroom.
Exterior: Enclosed rear yard with access to rear lane.
Approximate Floor Area: 68 sq m (732 sq ft)
EPC Rating: TBC
Council Tax Band: A
Investment Potential:
Comparable properties in the area, once refurbished, achieve rental figures in the region of £475–£525 pcm and resale values between £65,000–£75,000, subject to condition.
Tenure: Freehold
Tenure: Freehold
EPC Rating: C
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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