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2 Bed Terraced House, Potential PLO/LOA, Peterlee, SR8 4ET £40,000

Glanton Terrace, Horden, Co. Durham, SR8 4ET - a month ago
  1. Deal Search
  2. Peterlee
  3. SR8
  4. SR8 4ET
Auction
Negative Equity
ROI: 7%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Peterlee
  • More Deals in SR8
  • More Negative Equity Deals
  • More Negative Equity Deals in Peterlee
  • More Negative Equity Deals in SR8

Property History

Listed for £40,000

-38%

October 31, 2025

Sold for £55,000

2018

Sold for £29,000

2017

Floor Plans

Description

  • Modern Method of Sale +
  • Subject to Reservation fee +
  • 56 Day Competion +
  • Two Bedrooms +
  • Terraced Property +

Located in the residential area of Horden, Peterlee, this two-bedroom terraced property offers a fantastic opportunity for investors or first-time buyers alike. Situated just a short 5-minute drive from Peterlee town centre, the home enjoys convenient access to local amenities, supermarkets, schools, and leisure facilities.

The property briefly comprises a welcoming lounge, a kitchen/dining area, two well-proportioned bedrooms, and a family bathroom. Externally, there is a rear yard and on-street parking to the front.

With strong rental demand in the area and excellent commuter links via the A19, this home presents great potential for capital growth or a steady rental income.

Viewing is highly recommended to appreciate the value and potential this property has to offer.

This property is for sale by Modern Method of Auction allowing the buyer and
seller to complete within a 56 Day Reservation Period. Interested parties’
personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with
your lender before bidding. A Buyer Information Pack is provided. The buyer
is responsible for the Pack fee. For the most recent information on the Buyer
Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non
Refundable Reservation Fee of 4.5% of the purchase price including VAT,
subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the
property to the buyer during the Reservation Period and is paid in addition to
the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will
receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc.
VAT. These services are optional

Agent Details

Holbrook & Co, Seaham

0191 607 0206

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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