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32 Tenth Street, Horden, Peterlee... 2 bed terraced house for sale
32 Tenth Street, Horden, Peterlee, County Durham SR8 4NE
£15,000
32 Tenth Street, Horden, Peterlee, County Durham SR8 4NE
£15,000
Our Summary
- Auction Commencing on Monday 01st December at 1pm and ending 24 hours later on Tuesday 02nd December at 1pm with Auction House North EastPlease register to bid via our website - auctionhouse
- 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
- The property requires a full scheme of refurbishment throughout, presenting an ideal blank canvas for improvement and value enhancement
- Approximate Floor Area: 68 sq m (732 sq ft)EPC Rating: TBCCouncil Tax Band: AInvestment 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
Description
This two-bedroom mid-terrace house in Horden is an ideal investment opportunity for refurbishment and rental potential. The property requires a full renovation throughout, but once modernized, it could make an attractive buy-to-let investment or first-time buyer home. The property has a spacious living room, kitchen/dining area, and two well-proportioned bedrooms on the first floor, along with a bathroom. The exterior features a small yard with access to the rear lane. The property has a traditional layout, double glazing, and gas connections. With an EPC rating of C, it presents a great opportunity for investors or developers to add value through refurbishment. The nearby area has comparable properties achieving rental figures of £475-£525 per month and resale values between £65,000-£75,000, subject to condition.