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Available
Guide Price £30,000Seventh Street, Horden – 2 Bedroom Mid-Terraced House – For Sale by Auction – No Chain
Offered to the market with no onward chain, this two-bedroom mid-terraced property on Seventh Street, Horden, presents an excellent opportunity for first-time buyers, investors, or developers seeking a property with strong potential.
Situated in a convenient residential location, the home benefits from easy access to local amenities, schools, transport links, and the nearby coastline, making it well-placed for both commuters and those looking to enjoy coastal living.
Property Overview
The accommodation briefly comprises:
Entrance hallway leading into the main living area
Spacious lounge, offering a comfortable living space
Kitchen/dining area to the rear, providing a functional layout
To the first floor, two well-proportioned bedrooms
Family bathroom
Externally, the property benefits from a rear yard
Key Features
For sale by auction
No chain – vacant possession
Two bedrooms
Mid-terraced property
Rear yard
Ideal investment or first-time purchase
Opportunity to add value through refurbishment
Popular residential location
Investment Potential
This property represents a fantastic investment opportunity, with strong rental demand in the area and scope to enhance value through cosmetic improvements. Buyers looking to expand their portfolio or undertake a light refurbishment project will find this property particularly appealing.
Location
Seventh Street is located within the village of Horden, offering a range of local amenities including shops, schools, and public transport services. The area also benefits from proximity to the A19, providing excellent connectivity to nearby towns and cities. The recently developed Horden railway station enhances transport links further, while the nearby coastline offers scenic walks and leisure opportunities.
Auction Details
The property is offered for sale via auction. Interested parties are advised to review the auction pack and terms prior to bidding.
Summary
With its affordable price point, no chain status, and strong potential, this two-bedroom mid-terrace is not to be missed. Early interest is expected, and viewing is highly recommended to appreciate the opportunity on offer.
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.
4.6m x 3.24m - 15'1" x 10'8"
4.85m x 2.84m - 15'11" x 9'4"
3.65m x 3.27m - 11'12" x 10'9"
3.58m x 2.8m - 11'9" x 9'2"
2.47m x 1.67m - 8'1" x 5'6"
1 Yoden Way,
Peterlee
SR8 1BP