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2 bedroom terraced house for sale
80 Seventh Street, Horden, Peterlee SR8 4LX
£20,000
80 Seventh Street, Horden, Peterlee SR8 4LX
£20,000
Our Summary
- For sale on 25 September 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 10:00
- A 2 bedroom property in need of renovation and offering an excellent BTL return once refurbished
- This terraced house requiring modernisation is a good opportunity for any investor looking to generate a double digit return on investment
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- 2 Bedroom Terrace House in need of renovation
- Auction: 25
- Auction: 29
- Potential to add value once refurbished
Description
A 2-bedroom property in need of renovation is up for auction on September 25, 2025, with a live online broadcast and bidding available by proxy, phone, or online. The property, a freehold terraced house, requires modernization and is expected to generate a double-digit return on investment once refurbished. Rents in the local area are increasing, making it a good opportunity for investors. Note that the auctioneers have not personally inspected the property, and prospective buyers are advised to make independent enquiries before placing a bid. The sale is subject to SDL Property Auctions' terms, including a 5% deposit and a buyer's fee of 4.8% of the purchase price.