Guide price
£55,000
2 bed terraced house for saleGordon Avenue, Horden, Peterlee SR8
2 beds
1 bath
1 reception
EPC Rating: C
- Auction
Pattinson - Peterlee
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About this property
Tenanted Investment Returning 425pcm/5100 Per Annum
Two Bedrooms
Mid Terrace House
Close to Local Amenities and Transport Links
Double glazed and Gas Central Heating
EPC Rating C
Summary
Appealing to buy to let investors is this two bedroom mid terrace house which is currently let out at 425 pcm/ 5100 per annum and is conveniently situated close to all local amenities and good transport links.
Comprising; entrance area, lounge, dining room, kitchen to the rear of the property with a good range of wall and base units, complimenting work surfaces, stainless steel sink with mixer tap, tiled splashback, space for appliances, UPVC double glazed door to the rear yard and UPVC double glazed window. To the first floor there are two bedrooms and bathroom/WC.
Externally to the front is mainly laid to lawn with walled and hedged boundaries. To the rear is a private yard which is mainly paved with brick built shed and walled boundaries.
Virtual tour available at link below:
Council Tax Band: A
Tenure: Freehold
Front External
To the front of the property is mainly laid to lawn with walled and hedged boundaries.
Entrance Area
With door off to the lounge and stairs to the first floor.
Lounge (4.26m x 3.81m)
UPVC double glazed window to the front, electric fire set into feature surround and radiator.
Dining Room (4.4m x 2.5m)
UPVC double glazed window to the rear, under stairs storage cupboard and radiator.
Kitchen (2.36m x 2.19m)
To the rear of the property with a good range of wall and base units, complimenting work surfaces, stainless steel sink with mixer tap, tiled splashback, space for appliances, UPVC double glazed door to the rear yard and UPVC double glazed window.
First Floor Landing
With doors off to the bedrooms and bathroom/WC.
Bedroom One (3.65m x 3.43m)
UPVC double glazed window to the front, fitted wardrobes, storage cupboard and radiator.
Bedroom Two (3.11m x 2.78m)
UPVC double glazed window to the rear and radiator.
Bathroom/WC (2.04m x 1.87m)
White three piece bathroom suite comprising; bath with shower over, hand wash basin, low level WC, tiled walls, tiled floor, UPVC double glazed window and radiator.
Rear Yard
Private rear yard which is mainly paved with brick built shed and walled boundaries.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. 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 being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers 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. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
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, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular 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 of 6,000 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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