**Standout Features:**
- Two-bedroom mid terrace house with open plan kitchen diner
- Enclosed rear garden perfect for outdoor activities
- Freehold tenure ensures full ownership
- Potential rental income of up to £500 pcm (£6,000 per annum)
- Auction sale starting at just £9,000, chain-free
**Concerns:**
- Property requires renovation with boarded windows and potential structural issues
- Located in an area classed as deprived, with high crime rates
- Built before 1900, may lack modern insulation and require significant improvements
Discover the potential of this two-bedroom mid-terrace house, ideally situated in the challenged community of Horden, Peterlee. This traditional Victorian property, offered at an enticing auction price of £9,000, is a promising investment for developers or first-time buyers eager to create their ideal home. With an open plan kitchen diner and a cozy living space, this house welcomes renovation dreams where your vision can flourish.
Enjoy the convenience of local amenities and excellent transport links to the North East coast while benefiting from the high rental demand in this area, with similar properties renting for up to £500 pcm. Buyers should be aware of the current condition, necessitating substantial updates including window repairs and potential structural improvements. With quick access to highly-rated local schools and community facilities, this property presents an exclusive opportunity to cultivate value. Don’t miss out— seize this moment to invest in your future!