SR8 4NE - 2 bed budget renovation opportunity in Tenth Street, SR8 4NE

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2 bedroom terraced house for sale in 32 Tenth Street, Horden, Peterlee, County Durham SR8 4NE, SR8

Summary - 32 TENTH STREET HORDEN PETERLEE SR8 4NE

2 bed 1 bath Terraced

Auction lot for investors seeking a low-entry refurbishment project.
Freehold two-bedroom mid-terrace with enclosed rear yard
This two-bedroom mid-terrace in Horden is a low-cost entry point for investors or hands-on buyers prepared to refurbish. The house is freehold, has double glazing and gas central heating in place, and sits on a small plot with an enclosed rear yard and lane access.

The property requires a full scheme of renovation throughout — cosmetic and likely structural improvements are needed. It presents a clear value-add opportunity: comparable refurbished homes in the area have achieved substantially higher resale and rental values, offering upside after investment. Note the area is very deprived with high local crime rates, which will affect tenant demand and resale prospects.

Sale will be by auction (commencing 01 Dec, ending 02 Dec). An administration fee of £3,600 (inc VAT) is payable on exchange; consult the legal pack for disbursements and any other charges. Council tax is very low (Band A), and broadband and mobile signal are good locally.

This is best for investors or developers targeting a budget refurbishment project rather than buyers seeking a move-in ready home. Expect small rooms and standard ceiling heights typical of 1930s terraces; the property offers a practical, low-cost footprint to renovate and re-let or resell.

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