3 bed terrace to buy in SR8

Twelfth Street, Horden, Peterlee, Durham, SR8 4QH

Current Bid
£39,000
Starting Bid £35,000
50 Bids
Sold

Online auction

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

  • Sold With Sitting Tenant - £375pcm
  • Rental Income Of £375pcm / 11.3% Yield
  • 3 Bedroom Mid Terrace
  • Gas Central Heating & Double Glazing
  • Investment opportunity
  • New Combi Boiler & Bathroom Suite

3 bed terrace to buy in SR8

TO BE SOLD VIA Online Auction until 19/08/2021 15:00. Fees Apply

*SOLD WITH A TENANT PAYING £375pcm* *11+% RENTAL YIELD*

*internal photos and video to be added*

Pattinson Estate Agents are delighted to welcome for sale this 2 bedroom terraced property situated on Twelfth Street in Horden, County Durham.

Briefly consisting of lounge, open to kitchen/ dining room, family bathroom, three double bedrooms. Externally the property offers a fully enclosed private brick wall yard.

To arrange your internal viewing, call our Peterlee office on 0191 5183521.

Summary

  • Property Type: Terrace
  • Bedrooms: 3
  • Receptions: 1
  • Tenure: Freehold
  • Central Heating: Gas
  • Parking: On Street
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External Front

Entrance Hall

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Lounge

4.10m x 3.80m (13'5" x 12'5")

With a double glazed window to the front aspect, flooring, TV point, radiator and open access to the kitchen/ dining room.

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Kitchen

4.80m x 3.70m (15'8" x 12'1")

Fitted with a range of wall and base units. With roll top work surfaces, one and a half sink and drainer unit, hob, electric oven with over head extractor hood. Built in under stairs cupboard and with double glazed window to the rear aspect and with plumbing for a washing machine.

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Rear Lobby

with access to the rear yard and family bathroom.

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Family Bathroom

Three piece suite consisting of low level WC, bath and a wash hand basin with unit. radiator, tiled walls and flooring and a double glazed window to the side.

1ST FLOOR:

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Landing

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Bedroom One

4.30m x 4.10m (14'1" x 13'5")

With a double glazed window to the front aspect, radiator, carpet flooring and storage cupboard housing the combi boiler

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Bedroom Two

3.30m x 2.60m (10'9" x 8'6")

With a double glazed window to the rear aspect, radiator and carpeted flooring.

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Bedroom Three

2.50m x 2.30m (8'2" x 7'6")

With a double glazed window to the rear aspect, radiator and carpeted flooring.

External Rear

With a fully enclosed, private brick walled yard to the rear and gate

Floor Plan

Floor Plan
EPC for 3 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% 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. 

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