Guide price

£48,000

2 bed terraced house for sale
Braemar Terrace, Horden, Peterlee SR8

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

Just added
Chain free
Auction
Added on 18/09/2026

About this property

  • Immaculately presented two bed home

  • No chain

  • Renovated in 2024

  • Updated electrics & heating

  • 650 pcm rental potential

  • 7,200pa rental income

  • Ready to move into or let

Summary

No chain | renovated in 2024 | beautifully presented two bedroom house | new kitchen & bathroom | updated electrics & new radiators | generous garden | gas central heating | UPVC double glazing | turn-key ready | 600 pcm rental potential | ideal first-time buyer or investment

Immaculately presented and recently renovated two bedroom house, situated on Braemar Terrace in Horden, Peterlee. Renovated in 2024 and offered to the market with no onward chain, the property is ready to move straight into and would make an excellent first-time buyer home or investment opportunity.

The location and modern condition also make the property appealing to prospective tenants, with 650 pcm rental potential (7,800 per annum).

The property has been comprehensively improved, including a new kitchen and bathroom, updated electrics, new radiators, booiler, fresh plastering, new flooring and modern redecoration, creating a stylish and welcoming home with little immediate work required.

Externally, the property benefits from a generous garden, providing excellent outdoor space for relaxing, entertaining or family use.

The property is conveniently located close to local shops, schools and amenities, with Horden Train Station nearby providing excellent transport links towards Sunderland, Hartlepool, Middlesbrough and surrounding areas.

Whether purchased as a comfortable first home or as a buy-to-let investment, this well-maintained property offers a combination of 2024 renovation, no chain, modern accommodation, generous outside space and rental potential.

Early viewing is highly recommended.

Council Tax Band: A
Tenure: Freehold

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

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Monthly repayment

£240 per month

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