Summary - 52, Eleventh Street, Horden, PETERLEE SR8 4QQ
2 bed 1 bath Terraced
Vacant 2-bed mid-terrace for auction—needs refurbishment, strong yield potential.
Vacant two-bedroom mid-terrace with period Victorian exterior
Sold at online auction — opening 18 August 2025
Reported damp, mould and water damage; needs full renovation
EPC rating G; expect major energy and repair costs
Vendor information suggests potential rent up to £500 pcm
Administration fee £3,600 payable on exchange; check legal pack
Freehold stated in particulars but bidders must verify tenure
Small rear yard; small plot and average internal size (~688 sqft)
This two-bedroom mid-terrace presents a clear investor/developer opportunity in Horden, offered for sale at auction. The property is vacant and described as a traditional layout with sitting room, open-plan kitchen/diner, family bathroom and two first-floor bedrooms — a basic footprint suited to refurbishment and rental conversion.
Reported condition is poor: internal inspection was not possible and the house is described with damp, mould and water damage in places. The property has double glazing (unknown install date) and gas central heating, but buyers should expect significant repair and redecoration costs and obtain full surveys before purchase.
Vendor information suggests the property could achieve up to £500 pcm in good condition, creating potential for strong yield once works are complete. The sale is through an online unconditional auction (opening 18 August 2025) — interested parties must review the legal pack, confirm tenure and service information, and budget for the £3,600 administration fee plus any listed disbursements.
Location is on Eleventh Street in Horden, close to local amenities, a rail station and the North East coast. The area is economically deprived with higher crime statistics; this affects both tenant profile and resale prospects and should be factored into rental and refurbishment plans.
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