Seventh Street, Horden SR8 2 bed terraced house for sale

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Seventh Street, Horden SR8 2 bed terraced house for sale

Seventh Street, Horden SR8
£29,000

Our Summary

  • Currently tenanted with a rental income of £450 per calendar month, this property offers a potential buy-to-let opportunity with a gross yield of 18%
  • A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction
  • This fee is typically a percentage of the final bid and is paid directly to the auction house
  • The exact percentage can vary depending on the auction house
  • It is usually clearly stated in the auction’s terms and conditions

Description

This charming two-bedroom mid-terraced property on Seventh Street in Horden, County Durham, is a fantastic opportunity for those looking for a buy-to-let or a new home. The property boasts a fitted dining kitchen with built-in appliances, uPVC double glazing, and gas central heating, making it a comfortable and modern living space. The current tenants are paying £450 per calendar month, offering a potential gross yield of 18%. The property also features a modern three-piece bathroom suite and a private back garden. Located in an established residential area, the property is close to local amenities and transport links, with the nearby town of Peterlee offering a range of shopping, dining, and entertainment options. With its potential for rental income and its convenient location, this property is sure to be a great investment opportunity.