Summary - 2 GLANTON TERRACE HORDEN PETERLEE SR8 4ET
2 bed 1 bath Terraced
Affordable renovation or rental opportunity close to Peterlee amenities.
Mid-terrace two-bedroom home, 674 sq ft
A compact two-bedroom mid-terrace offering clear scope for a hands-on investor or first-time buyer. The property has simple accommodation: lounge, kitchen/diner, two bedrooms and a family bathroom across 674 sq ft, with a small rear yard and on-street parking. Heating is by electric storage heaters and double glazing is in place (installed before 2002).
The house needs cosmetic and some repair work — external paint is peeling and internal fittings require refresh — making it suitable for a renovation project to add value or set up as a rental. The plot is modest and the area is a working-class neighbourhood with above-average local crime statistics; buyers should factor these into management and improvement plans.
Sold by a Modern Method of Auction, the purchase includes a Reservation Agreement and a non-refundable reservation fee equal to 4.5% of the purchase price (subject to a minimum of £6,600 inc. VAT). Completion is expected within a 56-day reservation period and a Buyer Information Pack is available for review prior to bidding. Council tax is very low and the location offers fast broadband, excellent mobile signal and good road links to the A19.
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