Guide price
£30,000
3 bed terraced house for saleHamilton Street, Peterlee, County Durham SR8
3 beds
1 bath
2 receptions
EPC Rating: C
Just added
Auction
Freehold
About this property
For sale via auction
Three bedrooms
Mid terraced house
Two reception rooms
Sold with sitting tenant paying £400PCM
Rear yard
Hamilton Street in Horden three‐bed mid‐terraced house, this property is offered for sale via auction through I Am Sold and represents a strong opportunity for investors, particularly as it is sold with a sitting tenant currently paying £400pcm. It delivers a practical layout, good internal space, and the reliability of immediate rental income.
The home opens into an entrance hall that leads directly into a comfortable living room. This space flows openly into the dining room, creating a sociable and versatile ground‐floor layout. The dining room also benefits from a useful storage cupboard, ideal for household essentials. Beyond this sits the kitchen, fitted with units and work surfaces that make good use of the available space. A rear hall provides access to the UPVC door leading out to the rear yard, and the ground floor is completed by a bathroom positioned conveniently at the back of the property.
Upstairs, the landing connects to three bedrooms, each offering its own potential for use as sleeping accommodation, office space, or storage depending on the needs of the tenant or future owner. The rear yard provides a low‐maintenance outdoor area suitable for bins, storage, or simple seating.
With its tenant in situ, straightforward layout, and proximity to local amenities and transport links, this property stands as an appealing addition to a rental portfolio or a solid first step into investment property.
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
Living Room
4.0386m x 3.937m - 13'3” x 12'11”
Dining Room
4.572m x 3.683m - 15'0” x 12'1”
Kitchen
2.7178m x 2.032m - 8'11” x 6'8”
Rear Hall
2.2098m x 0.9906m - 7'3” x 3'3”
Bathroom
2.0574m x 2.032m - 6'9” x 6'8”
Landing
Bedroom One
4.3942m x 4.0386m - 14'5” x 13'3”
Bedroom Two
3.2766m x 2.54m - 10'9” x 8'4”
Bedroom Three
2.4892m x 2.2098m - 8'2” x 7'3”
Rear Yard
The home opens into an entrance hall that leads directly into a comfortable living room. This space flows openly into the dining room, creating a sociable and versatile ground‐floor layout. The dining room also benefits from a useful storage cupboard, ideal for household essentials. Beyond this sits the kitchen, fitted with units and work surfaces that make good use of the available space. A rear hall provides access to the UPVC door leading out to the rear yard, and the ground floor is completed by a bathroom positioned conveniently at the back of the property.
Upstairs, the landing connects to three bedrooms, each offering its own potential for use as sleeping accommodation, office space, or storage depending on the needs of the tenant or future owner. The rear yard provides a low‐maintenance outdoor area suitable for bins, storage, or simple seating.
With its tenant in situ, straightforward layout, and proximity to local amenities and transport links, this property stands as an appealing addition to a rental portfolio or a solid first step into investment property.
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
Living Room
4.0386m x 3.937m - 13'3” x 12'11”
Dining Room
4.572m x 3.683m - 15'0” x 12'1”
Kitchen
2.7178m x 2.032m - 8'11” x 6'8”
Rear Hall
2.2098m x 0.9906m - 7'3” x 3'3”
Bathroom
2.0574m x 2.032m - 6'9” x 6'8”
Landing
Bedroom One
4.3942m x 4.0386m - 14'5” x 13'3”
Bedroom Two
3.2766m x 2.54m - 10'9” x 8'4”
Bedroom Three
2.4892m x 2.2098m - 8'2” x 7'3”
Rear Yard
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