2 bed semi-detached house for sale

Hillside Villas, Peterlee SR8

Summary

For Sale via Online Auction | Two Bedroom Semi-Detached Home | Popular Residential Location | No Onward Chain | Achievable Rental Income of 650 pcm

Pattinson Estate Agents are pleased to offer for sale via online auction this well-presented two-bedroom semi-detached home, situated within a popular residential area of Horden. Offered with no onward chain, the property presents an excellent opportunity for first-time buyers or investors, with an achievable rental income of approximately 650 pcm.

The accommodation briefly comprises a welcoming entrance hallway leading into a bright and generously sized lounge, providing an excellent space for everyday living and entertaining. The fitted kitchen offers ample wall and base units, generous worktop space, and access to the rear garden.

To the first floor are two well-proportioned bedrooms, both offering comfortable accommodation with ample space for furnishings. Completing the first floor is a modern family bathroom fitted with a white three-piece suite comprising a panelled bath with shower over, wash hand basin and low-level WC.

Externally, the property benefits from enclosed front and rear gardens, creating pleasant outdoor spaces with scope for further landscaping if desired.

Conveniently located close to a range of local amenities including shops, schools and healthcare facilities, the property also enjoys excellent transport links. Horden Railway Station and regular bus services provide easy access to Peterlee, Durham and the surrounding areas.

Offering spacious accommodation, a convenient location and excellent investment potential, this property is expected to attract strong interest from both owner-occupiers and buy-to-let investors alike. Early viewing 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.