Terraced house for sale in Blackhills Terrace, Horden, Peterlee SR8

Summary

Tenanted investment... We are delighted to welcome by auction this fantastic tenanted investment situated on Blackhills Terrace in Horden, County Durham.
The property has recently undergone improvements internally and is currently receiving 525pcm supplying the property a rental yield of over 9%.
The property is deceptively spacious inside and briefly comprises of: Entrance hallway, lounge, dining room, kitchen, three bedrooms, loft room (currently being utilised as a fourth bedroom), and a family bathroom.
Externally, the property offers a garden area to the front and an enclosed courtyard to the rear aspect and on-street parking to both aspects.
To arrange your internal viewing, call our Peterlee office on:

Council Tax Band: A
Tenure: Freehold

Entrance Hallway

Good sized hallway through UPVC door to the front aspect. With carpeted flooring, single panelled radiator and staircase to the first floor.

Lounge (3.7m x 4.0m)

With a double glazed window to the front aspect, carpeted flooring, radiator, TV point and fireplace. Double doors leading into the dining room.

Dining Room (4.2m x 4.0m)

With a double glazed window to the rear aspect, carpeted flooring, built in storage cupboard, radiator and coving to the ceiling.

Kitchen (4.3m x 2.3m)

The kitchen is fitted with a range of wall and base units with roll top work surfaces, sink and drainer unit and plumbing for a washing machine. With electric cooker point and a double glazed window and UPVC door leading to the rear courtyard.

First Floor Landing

With carpeted flooring, built in storage cupboard and a double glazed window to the rear aspect, with stairs leading up to the loft room.

Bedroom One (2.8m x 4.2m)

With a double glazed window to the rear aspect, carpeted flooring, built in storage cupboards, TV point and single panelled radiator.

Bedroom Two (2.5m x 3.7m)

With a double glazed window to the front aspect, carpeted flooring, TV point and fitted, mirrored wardrobes.

Bedroom Three (2.0m x 2.7m)

With a double glazed window to the front aspect, carpeted flooring, double panelled radiator.

Loft Room (4.6m x 3.3m)

This room is currently being used as a fourth bedroom. It benefits from two Velux windows, TV point, carpeted flooring and storage to the eves.

Family Bathroom

The generous sized family bathroom is fitted with a four piece suite comprising of: Low level WC, panelled bath, shower cubicle and a pedestal wash hand basin. With a double glazed window to the rear aspect, part tiled walls and vinyl to the floor.

External

The property benefits from a paved garden area to the front aspect and a fully enclosed court yard to the rear with an outbuilding for additional storage.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.