2 bed terraced house for sale

Hardwick Street, Horden, Peterlee SR8

Summary

Turnkey Investment Opportunity | Great 12% Yield | Well Presented Throughout | Two Double Bedrooms

Pleased to present to the sales market this well-presented and recently updated two-bedroom mid-terraced property, ideally situated on Hardwick Street in Horden, Peterlee.

Offered as a fantastic investment opportunity, the property currently achieves a rental income of 500PCM, representing an attractive .... Gross rental yield, making it an ideal addition to any landlord's portfolio.

The accommodation briefly comprises a spacious and inviting lounge, perfect for both relaxing and entertaining, alongside a modern, recently updated kitchen/diner fitted with a range of quality units and ample dining space.

To the first floor, the property offers two generously sized double bedrooms, both benefiting from excellent natural light and ample space for furnishings. Completing the internal layout is a contemporary family bathroom fitted with modern sanitary ware.

Externally, the property benefits from a private rear yard, providing a low-maintenance outdoor space.

The home has been well maintained and tastefully presented throughout, offering a true turnkey purchase for investors or buyers seeking a ready-to-move-into home.

Ideally located, the property is within close proximity to local shops, schools, and amenities, as well as excellent transport links including the A19 trunk road, local bus routes, and Horden's recently constructed train station, offering convenient access to surrounding areas.

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.