2 bed terrace to buy in SR8

Fifth Street, Horden, Peterlee, Durham, SR8 4LA

Current Bid
£30,000
Starting Bid £25,000
19 Bids
Sold

Online auction

Alternatively call 0191 5183521 or email peterlee@pattinson.co.uk

  • SOLD WITH SITTING TENANT - 10.3% YIELD
  • Tenant Paying £300pcm
  • Double Glazed Windows & Gas Central Heating
  • 2 Bedroom Mid Terrace
  • Well Presented Throughout

2 bed terrace to buy in SR8

For Sale Via Online Auction Terms and Conditions 29/06/2021 13:00. Fees Apply

*SOLD WITH A SITTING TENANT* *SEE WALK THROUGH VIDEO TOUR*

FEATURES: Heating system (combi), Double glazing, Modern D├ęcor and Well kept throughout.

Briefly consisting of: Lounge, Kitchen/Diner, Family bathroom and Two well proportioned bedrooms.

Externally the property benefits from a fully enclosed private rear yard with storage.

To arrange a viewing on this property or to find out more info please contact the Peterlee Office on 01915182636

Summary

  • Property Type: Terrace
  • Bedrooms: 2
  • Receptions: 1
  • Tenure: Freehold
  • Central Heating: Gas
  • Parking: On Street
Image of External Front
zoom

External Front

Image of Entrance Hall
zoom

Entrance Hall

Upvc front door and first floor stair case.

Image of Lounge
zoom

Lounge

4.80m x 4.30m (15'8" x 14'1")

Double glazed window, radiator, feature fire place and gas fire also under stair storage cupboard

Kitchen/Diner

4.80m x 2.80m (15'8" x 9'2")

With a rang of wall and floor units with contrasting units, skink unit, electric cooker point, plumbing for a washing machine, radiator, double glazed window and rear Upvc door.

1ST FLOOR:

Image of Landing
zoom

Landing

Access to the loft which has power, light, boarded out and 2 velux windows

Image of Bedroom One
zoom

Bedroom One

3.80m x 3.60m (12'5" x 11'9")

Double glazed window, radiator and storage cupboard housing the combi boiler

Image of Bedroom Two
zoom

Bedroom Two

3.60m x 3.10m (11'9" x 10'2")

Double glazed window, radiator and storage cupboard.

Image of Family Bathroom
zoom

Family Bathroom

3 piece white suite consisting of a low level w/c, hand wash basin and panelled bath with eclectic shower over. Panelled walls , double glazed window and radiator.

Image of External Rear
zoom

External Rear

Enclosed private rear yard with storage shed and outhouse

Floor Plan

Floor Plan
EPC for 2 bed terrace to buy in SR8

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply. We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% subject to a minimum of £2,400 which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 2.4% inc VAT to a minimum of £2,400 inc VAT.  This does not form part of the purchase price.

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
Up to £50,000 - £250 minimum bid 
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
£250,001 to £1 million - £2,000 minimum bid 
£1 million+ -  £2,500 minimum bid 

Please note this bidding process applies specifically to online auctions. 

Please login to view legal packs for this property.