Tenanted property sold at auction — buy as seen, legal pack essential.
Freehold Victorian two-bedroom terraced house
A two-bedroom Victorian terraced freehold in Peterlee offered at auction with a long-standing tenant in place. The property is advertised as comprising a reception room, kitchen, two bedrooms and a bathroom, with a paved rear garden and on-street parking. It is sold with no internal inspection possible due to occupant access restrictions; all internal details are unverified and buyers must rely on the legal pack and their own enquiries.
Priced at £8,000 and currently let at £500 per month, the lot will suit experienced investors or cash buyers prepared to accept purchase without viewing. The rear garden and front yard show signs of neglect and will need basic clearing and maintenance. The house sits in a small-plot, town-fringe location within an area classified as deprived with above-average crime rates; local services include nearby primary and secondary schools and good transport links.
Important sale conditions: the property is offered as seen at an online auction on 19 November 2025. Prospective purchasers should review the legal pack carefully, commission any desired surveys, and factor in unknown internal condition and potential repair or compliance costs before bidding.
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