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2 bedroom 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 East Please 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: 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
Description
This two-bedroom mid-terrace house in Horden, near the coast, is an ideal investment opportunity for refurbishment and rental potential. The property requires a full renovation throughout, presenting a blank canvas for improvement and value enhancement. Once modernized, it could make an attractive buy-to-let investment or first-time buyer home, with double glazing, gas connections, and a traditional layout. The property has a small yard with rear access and is situated near local amenities and transport links. With a guide price of £65,000-£75,000, comparable properties in the area achieve rental figures of £475-£525 pcm, making it a potentially lucrative investment opportunity.