Seventh Street, Peterlee, County Durham, SR8

Seventh Street, Horden – 2 Bedroom Mid-Terraced House – For Sale by Auction – No Chain

Offered to the market with no onward chain, this two-bedroom mid-terraced property on Seventh Street, Horden, presents an excellent opportunity for first-time buyers, investors, or developers seeking a property with strong potential.

Situated in a convenient residential location, the home benefits from easy access to local amenities, schools, transport links, and the nearby coastline, making it well-placed for both commuters and those looking to enjoy coastal living.

Property Overview

The accommodation briefly comprises:

Entrance hallway leading into the main living area

Spacious lounge, offering a comfortable living space

Kitchen/dining area to the rear, providing a functional layout

To the first floor, two well-proportioned bedrooms

Family bathroom 

Externally, the property benefits from a rear yard

Key Features

For sale by auction

No chain – vacant possession

Two bedrooms

Mid-terraced property

Rear yard

Ideal investment or first-time purchase

Opportunity to add value through refurbishment

Popular residential location

Investment Potential

This property represents a fantastic investment opportunity, with strong rental demand in the area and scope to enhance value through cosmetic improvements. Buyers looking to expand their portfolio or undertake a light refurbishment project will find this property particularly appealing.

Location

Seventh Street is located within the village of Horden, offering a range of local amenities including shops, schools, and public transport services. The area also benefits from proximity to the A19, providing excellent connectivity to nearby towns and cities. The recently developed Horden railway station enhances transport links further, while the nearby coastline offers scenic walks and leisure opportunities.

Auction Details

The property is offered for sale via auction. Interested parties are advised to review the auction pack and terms prior to bidding.

Summary

With its affordable price point, no chain status, and strong potential, this two-bedroom mid-terrace is not to be missed. Early interest is expected, and viewing is highly recommended to appreciate the opportunity on offer.

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.

Hall

Lounge

4.6m x 3.24m - 15'1" x 10'8"

Kitchen/Diner

4.85m x 2.84m - 15'11" x 9'4"

Landing

Bedroom One

3.65m x 3.27m - 11'12" x 10'9"

Bedroom Two

3.58m x 2.8m - 11'9" x 9'2"

Bathroom

2.47m x 1.67m - 8'1" x 5'6"

Yard