2 bedroom Bungalow in Peterlee

4 Bay Avenue, Horden, Peterlee, County Durham SR8 4HG
  • Lot No: 79
  • Property Type: Bungalow
  • Contract Type: Unconditional with Variable Fee

Guide Price* £45,000+ plus fees

Property Description

A 2 bedroom terraced bungalow in a quiet yet convenient location. The property benefits from gas central heating and UPVC double glazing and comprises Lounge, Kitchen, 2 Bedrooms and Bathroom. Outside are well maintained gardens with decking and timber store. Sold subject to an existing tenancy at £480 pcm / £5760 per annum. Well situated with local amenities close by and within a 5 minute walk to Horden Beach and Train Station. A great investment opportunity with a yield of over 10% and income from day one.

Lounge 15ft9 x 12ft6'

With radiator and French doors opening onto the garden.


Kitchen 10ft0 x 7ft0

Modern kitchen with base and wall units, work surfaces, sink, plumbing for washing machine, upvc framed double glazed window and door accessing the front garden.


Bedroom One 9ft8' x 8ft10

With window to front.


Bedroom One 9ft8 x 8ft10

With window to rear aspect.


Bathroom

With a fitted white suite comprising of panel bath, wash hand basin and W.C. and upvc framed double glazed window.


Outside

Front and rear gardens with raised timber decked areas, paved areas for pleasant outdoor seating and storage sheds and being enclosed by wood panel fencing.


Mobile Phone Coverage

O2, EE, Three and Vodafone are available in this location.


Satellite and Cable TV Availability

BT and Sky are available in this location.


Broadband (estimated speeds)

Standard 14 mbps. Superfast 75 mbps. Ultrafast 10000 mbps.


Construction Material

Cavity wall, filled cavity. Information taken from EPC.


Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 27th March 2025

Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

4 Bay Avenue, Horden, Peterlee, County Durham SR8 4HG