Vincent Street, Horden, Peterlee, County Durham, SR8
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes 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
- FOR SALE VIA AUCTION
- TWO BEDROOMS
- SOLD WITH SITTING TENANT
- TWO RECEPTION ROOMS
- RENT £410PCM
- REAR YARD
Description
This mid terraced two bedroom home on Vincent Street in Easington Colliery offers an appealing opportunity for investors, being sold via the I AM SOLD auction method and accompanied by a sitting tenant currently paying £410pcm. The property presents a traditional layout with well proportioned rooms and practical features suited to long term rental use.
The ground floor begins with an entrance vestibule that leads into a welcoming entrance hall, where stairs rise to the first floor landing. To the front sits a comfortable living room, while a separate dining room or second reception room lies to the rear, enjoying natural light and direct access to the outdoor space through patio doors. The kitchen is positioned beyond this, fitted with a UPVC door that opens into the rear yard, creating a practical flow for everyday living.
Upstairs, the landing connects to two bedrooms, each offering good accommodation for tenants, along with a bathroom serving the first floor. Externally, the property benefits from a rear yard, providing low maintenance outdoor space.
With its established tenancy, straightforward layout, and convenient location within Easington Colliery, the property represents a ready made investment with immediate rental income.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Entrance Vestibule
1.1938m x 0.9144m - 3'11" x 3'0"
UPVC Door
Entrance Hall
Stairs leading to the first floor landing, radiator, opening into dining room
Living Room
4.2926m x 3.5306m - 14'1" x 11'7"
Double glazed window to the front elevation, feature fireplace, radiator
Dining Room/2nd Reception Room
4.5212m x 4.1402m - 14'10" x 13'7"
Storage cupboard, radiator, patio doors to the rear yard
Kitchen
2.794m x 2.2606m - 9'2" x 7'5"
Fitted with a range of wall and base units with complementing work surfaces, electric hob, electric oven, extractor hood, stainless steel sink with drainer and mixer tap, double glazed window to the side elevation, upvc door to the rear yard
Landing
4.191m x 1.651m - 13'9" x 5'5"
Loft Access
Bedroom One
4.2672m x 4.2418m - 14'0" x 13'11"
Double glazed window to the front elevation, radiator
Bedroom Two
4.2672m x 2.5654m - 14'0" x 8'5"
Double glazed window to the rear elevation, storage cupboard, radiator
Bathroom
2.7686m x 2.0574m - 9'1" x 6'9"
Fitted with a 3 piece suite comprising of; Bathroom, pedestal wash hand basin, low level w/c, storage cupboard, radiator, double glazed window to the side elevation
Rear Yard
Block paved yard with tap
- 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.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Vincent Street, Horden, Peterlee, County Durham, SR8
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Visit our security centre to find out moreDisclaimer - Property reference 10746374. 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 Dowen, 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 Dowen, Peterlee on 0191 625 0203.
*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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