Guide price
£49,000
3 bed terraced house for saleTwelfth Street, Horden, Peterlee SR8
3 beds
1 bath
1 reception
EPC Rating: E
- Auction
Pattinson - Peterlee
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About this property
550pcm / 7150pa Potential Income
No upper chain
Investment Location
Refurbished
3 Bedroom Family Home
Ready To Rent
Summary
For sale via online auction....Delighted to present this charming three-bedroom terraced house for immediate sale. Located in the vibrant hub of Horden, Peterlee, this property has no upper chain, positioning it as a seamless and attractive opportunity for investors.
On offer for a price of 550 pcm or 7150 pa, this property boasts a potential and noteworthy income, ideal for the astute investor.
This tantalising terraced house consists of the following features:
- Three generously proportioned bedrooms, all decorated in a neutral palette, providing a comfortable canvas for personalisation.
- A comfortable, light-filled reception room: A perfect place to entertain or relax after a long day.
- A well-equipped bathroom with modern fixtures, blending functionality and style.
- An excellent location classified as an 'Investment Location', indicating promising growth and returns.
These features combined provide commensurate returns for both first-time buyers seeking a cosy abode or investors on the hunt for lucrative additions to their portfolio.
The Horden locale offers easy access to shops, entertainment spots, parks, and excellent transport links, making it a desirable spot to set up home.
This property's Residential Sale status signifies its readiness for immediate occupation or rental.
Do not miss this chance to acquire this standout three-bedroom terraced property in Horden, Peterlee, sensational in its simplicity and potential. We highly recommend booking a viewing to truly appreciate what this property has to offer.
Council Tax Band: A
Tenure: Freehold
Lounge (4.4m x 4.0m)
With a double glazed window to the front aspect, laminate flooring, TV point, radiator and access to the kitchen/ dining room.
Kitchen Diner (4.8m x 3.7m)
Good size kitchen/diner, fitted with a range of wall and base units with roll top work surfaces, one and a half sink and drainer unit, hob, electric oven with over head extractor hood. Built in under stairs cupboard and a wall cupboard housing the boiler. With double glazed window to the rear aspect and with plumbing for a washing machine.
Family Bathroom
Three piece suite consisting of low level WC, bath with shower over and a wash hand basin with unit, radiator, vinyl flooring and a double glazed window to the side.
Bedroom One (4.3m x 4.1m)
With a double glazed window to the front aspect, radiator, carpet flooring, and storage cupboard
Bedroom Two (3.3m x 2.6m)
With a double glazed window to the rear aspect, radiator and carpeted flooring
Bedroom Three (2.5m x 2.3m)
With a double glazed window to the rear aspect, radiator and carpeted flooring.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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.
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 equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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