2 bed end of terrace house to buy in SR8

Park Terrace, Horden, Peterlee, Durham, SR8 4JG

Brochure

Starting Bid
£20,000

Bedrooms: x 2

Bathrooms: x 1

Receptions: x 2

Tenure: Freehold

Size

Key Information

Council tax: Band A
EPC rating: G
Heating supply: Gas
Electricity: National Grid
Parking: On Street

Property features

No.12 Sold £72,500 - Nov 2024
18.86% pre-refurbishment yield
Potential rental income: £550 per calendar month
Scope for refurbishment to add value
Loft room conversion
Front aspect overlooking the park
Popular residential location in Horden, near Peterlee
Ideal for investors or first-time buyers seeking a project
Two-bedroom end-terraced home

2 bed end of terrace house to buy in SR8

Investment Opportunity: Sold via online auction, Two-Bedroom End-Terraced Home in Horden, Peterlee. Update required

It is estimated to achieve a potential rental income of approximately £550 per calendar month, representing a pre-refurbishment gross rental yield of 18.86%, making it a highly attractive buy-to-let opportunity.

No.12, Park Terrace - SOLD 2024 - £72,500

This two-bedroom end-terraced property in the heart of Horden presents an excellent investment opportunity with strong rental potential and is offered with no chain. The property enjoys a front aspect overlooking the park, offering a pleasant outlook and added appeal.

Inside, the accommodation comprises a bright reception room and a bathroom fitted with essential fixtures. Upstairs, there are two well-proportioned bedrooms, both benefiting from large windows that allow natural light to fill the space, plus a further large loft room conversion. While the property would benefit from refurbishment, it offers significant potential to enhance both value and rental returns.

Located in a popular residential area with convenient access to local amenities, schools, and transport links, the property is well positioned for the rental market.

This end-terraced home, with its park-facing outlook and no onward chain, is ideal for investors seeking a strong-performing asset or buyers looking to undertake a refurbishment project with significant upside. Early viewing is highly recommended to fully appreciate the investment potential on offer.

Open map Street view

Heating supply: Gas
Electricity supply: National Grid
Water supply: Direct mains water
Sewerage supply: Standard UK domestic

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