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Sixth Street, Horden, Peterlee, Durham, SR8 4JX

PROPERTY TYPE

End of Terrace

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Two-Bedroom Terraced Home
  • Extensive Upgrades Throughout
  • Potential Rental Income: £475 PCM
  • Approximate Annual Yield: 11.4%
  • Turn Key Investment
  • New Double Glazing & Rear Door
  • New Combi Boiler, Radiators & 90% Plumbing
  • Full Electrical Rewire
  • New Damp Course

Description

Two-Bedroom Terraced Home | Extensive Upgrades | Ideal for First-Time Buyers or Investors | Horden, Peterlee

We are delighted to present for sale this appealing two-bedroom terraced house, ideally situated in of Horden, Peterlee.

This charming end-terraced property offers an undeniably homely atmosphere from the moment you step through the door. It comprises two generously double sized bedrooms, a well-proportioned reception room perfect for entertaining or relaxing, and a modern bathroom, all serviced by a contemporary central heating system.

Significant improvement works have been carried out by the current owner, including the installation of full double glazing, a new rear external door, a combi boiler, new radiators, and approximately 90% new plumbing with insulated pipes. The property has also benefited from a full electrical rewire, new kitchen units, a damp course, chimney repointing, and roof maintenance — ensuring peace of mind for the next owner.

The modern bathroom and updated kitchen provide, practical spaces ideal for everyday living and entertaining.

This residential sale represents an excellent opportunity for first-time buyers seeking to step onto the property ladder or investors looking for a turnkey addition to their portfolio. Offering a potential rental income of £475 per calendar month and an impressive annual rental yield of approximately 11.4%, this home presents an attractive investment prospect.

Ideally located close to local amenities, schools, and transport links, the property promises both convenience and comfort.

We highly recommend early viewing to fully appreciate the quality and potential of this superb two-bedroom terraced home — a property that truly feels like home.

Council Tax Band: A
Tenure: Freehold

External Front

Lounge

4.36m x 4.84m

Kitchen Diner

4.8m x 2.81m

Landing

Bedroom One

3.81m x 3.61m

Bedroom Two

3.61m x 3.1m

Family Bathroom

External Rear

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 7.2% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Brochures

Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Sixth Street, Horden, Peterlee, Durham, SR8 4JX

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About Pattinson Estate Agents, Peterlee

2 Yoden Way, Peterlee, SR8 1BP
Industry affiliations:Industry affiliation logo 0

Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency.

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£206
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Disclaimer - Property reference 495379. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Peterlee. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinson Estate Agents, Peterlee on 0191 625 0949.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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