3 bed Semi-Detached (Freehold)

This three bedroom semi detached house on Beech Terrace in Horden offers an excellent investment opportunity, available with no onward chain and sold via auction with a long standing sitting tenant currently paying £450pcm. Well proportioned throughout and benefiting from a generous plot, driveway, and detached garage, the property provides immediate rental income and strong potential for future enhancement.
The home is approached via a front garden laid to lawn, with a private driveway leading to a single detached garage equipped with electricity and lighting. To the rear and side of the property is a low maintenance paved area, complete with an outdoor tap and lighting, offering practical external space.
Inside, the entrance hall provides access to some of the main ground floor rooms and features stairs rising to the first floor landing. To the front of the property sits the dining room or second reception room, a bright and versatile space enhanced by a bay window to the front elevation. The 14ft Howdens fitted kitchen/diner offers a generous layout with modern cabinetry and ample room for dining. From here, a useful utility room provides additional storage and workspace, with a UPVC door giving access to the side of the property. Completing the ground floor is a convenient shower room.
The main living room, also measuring 14ft, is positioned to the front of the home and features another attractive bay window, allowing plenty of natural light to fill the space.
To the first floor, the landing leads to three well sized double bedrooms. Bedroom one benefits from fitted wardrobes and a storage cupboard, while bedroom two also includes fitted wardrobes, providing excellent built in storage. The family bathroom serves the first floor and completes the accommodation.
With its spacious layout, garage and driveway, outdoor space, and reliable long term tenant in situ, this property represents a strong investment opportunity.
Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.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 £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.