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2 bedroom bungalow for sale
4 Bay Avenue, Horden, Peterlee, County Durham SR8 4HG
£45,000
4 Bay Avenue, Horden, Peterlee, County Durham SR8 4HG
£45,000
Our Summary
- For sale on 27 March 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 09:00
- A great investment opportunity with a yield of over 10% and income from day one
- 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)
Description
A 2-bedroom terraced bungalow is being sold through an online national property auction, with bidding available by proxy, online, or by phone. The property is located in a quiet and convenient area, with gas central heating and UPVC double glazing, and features a lounge, kitchen, two bedrooms, and a bathroom. The property also has well-maintained gardens with decking and a timber store. It is being sold subject to an existing tenancy at £420 pcm, which provides a yield of over 10% and income from day one. The property is within a 5-minute walk of local amenities, Horden Beach, and the train station, making it a great investment opportunity.