2 bed terraced house for sale

Vincent Street, Horden, Peterlee, County Durham SR8

This mid‐terraced two‐bedroom home on Vincent Street in Easington Colliery offers an appealing opportunity for investors, being sold via the I am sold auction method and accompanied by a sitting tenant currently paying £410pcm. The property presents a traditional layout with well‐proportioned rooms and practical features suited to long‐term rental use.

The ground floor begins with an entrance vestibule that leads into a welcoming entrance hall, where stairs rise to the first‐floor landing. To the front sits a comfortable living room, while a separate dining room or second reception room lies to the rear, enjoying natural light and direct access to the outdoor space through patio doors. The kitchen is positioned beyond this, fitted with a UPVC door that opens into the rear yard, creating a practical flow for everyday living.

Upstairs, the landing connects to two bedrooms, each offering good accommodation for tenants, along with a bathroom serving the first floor. Externally, the property benefits from a rear yard, providing low‐maintenance outdoor space.

With its established tenancy, straightforward layout, and convenient location within Easington Colliery, the property represents a ready‐made investment with immediate rental income.

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.

Entrance Vestibule

1.1938m x 0.9144m - 3'11” x 3'0”
UPVC Door

Entrance Hall

Stairs leading to the first floor landing, radiator, opening into dining room

Living Room

4.2926m x 3.5306m - 14'1” x 11'7”
Double glazed window to the front elevation, feature fireplace, radiator

Dining Room/2nd Reception Room

4.5212m x 4.1402m - 14'10” x 13'7”
Storage cupboard, radiator, patio doors to the rear yard

Kitchen

2.794m x 2.2606m - 9'2” x 7'5”
Fitted with a range of wall and base units with complementing work surfaces, electric hob, electric oven, extractor hood, stainless steel sink with drainer and mixer tap, double glazed window to the side elevation, upvc door to the rear yard

Landing

4.191m x 1.651m - 13'9” x 5'5”
Loft Access

Bedroom One

4.2672m x 4.2418m - 14'0” x 13'11”
Double glazed window to the front elevation, radiator

Bedroom Two

4.2672m x 2.5654m - 14'0” x 8'5”
Double glazed window to the rear elevation, storage cupboard, radiator

Bathroom

2.7686m x 2.0574m - 9'1” x 6'9”
Fitted with a 3 piece suite comprising of; Bathroom, pedestal wash hand basin, low level w/c, storage cupboard, radiator, double glazed window to the side elevation

Rear Yard

Block paved yard with tap