Guide price
£34,999
3 bed terraced house for saleThirteenth Street, Horden, Peterlee SR8
3 beds
1 bath
2 receptions
EPC Rating: D
Just added
Auction
About this property
High-yield investment opportunity
Potential rental income of approximately 475 pcm
Approx. 14.3% gross annual rental yield
Three well-proportioned bedrooms
Spacious lounge and open-plan kitchen/dining area
Gas central heating and double glazing throughout
Strong tenant demand
Summary
High-Yield Investment Opportunity | Three-Bedroom Terraced Property | Thirteenth Street, Horden
An excellent opportunity to acquire a well-presented three-bedroom terraced property, ideally positioned on Thirteenth Street in Horden. This property is perfectly suited to buy-to-let investors seeking a strong, ready-made addition to their portfolio, offering both immediate rental potential and long-term growth.
The accommodation briefly comprises an entrance hall leading to a bright and comfortable lounge, providing an attractive living space for prospective tenants. To the rear, the open-plan kitchen and dining area offers generous proportions for modern living, with access to a rear lobby and a family bathroom fitted with a contemporary white suite.
To the first floor, the property features three well-proportioned bedrooms, ensuring broad tenant appeal for families, couples, or professional sharers.
Externally, the property benefits from on-street parking to the front and a private rear courtyard, offering low-maintenance outdoor space. Additional benefits include gas central heating and double glazing throughout.
The property offers a potential rental income of approximately 475 pcm, equating to an attractive 14.3% gross annual rental yield, making it a compelling addition to any investment portfolio.
Situated close to local amenities, schools, and transport links, the property supports strong and consistent tenant demand, enhancing its long-term investment appeal.
This is a fantastic turnkey investment opportunity with impressive yield potentialearly enquiry is highly recommended.
Council Tax Band: A
Tenure: Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. 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 to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders 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.
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 or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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 6% 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.
High-Yield Investment Opportunity | Three-Bedroom Terraced Property | Thirteenth Street, Horden
An excellent opportunity to acquire a well-presented three-bedroom terraced property, ideally positioned on Thirteenth Street in Horden. This property is perfectly suited to buy-to-let investors seeking a strong, ready-made addition to their portfolio, offering both immediate rental potential and long-term growth.
The accommodation briefly comprises an entrance hall leading to a bright and comfortable lounge, providing an attractive living space for prospective tenants. To the rear, the open-plan kitchen and dining area offers generous proportions for modern living, with access to a rear lobby and a family bathroom fitted with a contemporary white suite.
To the first floor, the property features three well-proportioned bedrooms, ensuring broad tenant appeal for families, couples, or professional sharers.
Externally, the property benefits from on-street parking to the front and a private rear courtyard, offering low-maintenance outdoor space. Additional benefits include gas central heating and double glazing throughout.
The property offers a potential rental income of approximately 475 pcm, equating to an attractive 14.3% gross annual rental yield, making it a compelling addition to any investment portfolio.
Situated close to local amenities, schools, and transport links, the property supports strong and consistent tenant demand, enhancing its long-term investment appeal.
This is a fantastic turnkey investment opportunity with impressive yield potentialearly enquiry is highly recommended.
Council Tax Band: A
Tenure: Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. 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 to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders 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.
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 or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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 6% 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.
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