2 bed terraced house for sale

111 Station Road, Peterlee, County Durham SR8

For sale by online auction on Tuesday, 17 Jun 2025 ending at 13:52

*online Unconditional Auction Opening 16 June 2025*

To register for the legal pack and bidding, please visit our website:



Situation:

The property is situate on Station Road, Peterlee, a popular and central residential area of the North East of the country, near the centre with a range of facilities and amenities all within easy reach and further access to the beautiful North East coast line and its many towns and villages, along with the Cities of Newcastle, Durham, Middlesborough and Sunderland.

Description:

A wonderful opportunity to acquire this mid terrace house offered for sale with well proportioned accommodation in this residential area of Easington. The property is sold with the benefit of an ongoing tenancy at £400 pcm (£4800 per annum), thus generating a strong yield in an area of high rental demand. Similar style properties on the street have recently been marketed at £75,000.

At the time of preparing these details, no internal inspection was possible however accommodation believed to comprise:

Ground Floor:

Entrance Hall

Lounge

Dining Kitchen

Bathroom

First Floor:

Bedroom 1

Bedroom 2

Outside:

Courtyard to rearMaterial Information

Tenure:

The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.

Council Tax:

The property falls within Durham County Council – band A

Possession:

Subject to existing tenancy agreement.

Viewing:

Strictly by appointment with Auction House.

Services:

Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. Nb: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verba

EPC Rating: C

Additional Fees
Administration Charge - Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.

Disbursments - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.