Two-Bedroom Mid-Terrace House – Ideal Investment Opportunity
Description
This two-bedroom mid-terrace property offers an excellent opportunity for investors or developers seeking a refurbishment project with strong rental potential. Situated in the popular residential area of Horden, the property is within easy reach of local amenities, transport links, and the nearby coast.
The accommodation is arranged over two floors and comprises a spacious living room, kitchen/dining area, and rear access to a small yard. To the first floor are two well-proportioned bedrooms and a bathroom. The property requires a full scheme of refurbishment throughout, presenting an ideal blank canvas for improvement and value enhancement.
Once modernised, the property would make an attractive buy-to-let investment or first-time buyer home, benefiting from double glazing, gas connections, and a traditional terrace layout.
Accommodation
Ground Floor: Entrance hall, living room, dining area, kitchen.
First Floor: Landing, two bedrooms, bathroom.
Exterior: Enclosed rear yard with access to rear lane.
Approximate Floor Area: 68 sq m (732 sq ft)
EPC Rating: TBC
Council Tax Band: A
Investment Potential:
Comparable properties in the area, once refurbished, achieve rental figures in the region of £475–£525 pcm and resale values between £65,000–£75,000, subject to condition.
Tenure: Freehold
Tenure: Freehold
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
Loading the bidding panel...
- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.