Modern Method of Auction
Auction date not yet published
3-bedroom semi-detached house · SR8 4JP
Sold STCReduced £15k (−20.8%) on 17 MarListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AUCTION!!
Auction ends 01.05.26 at 12:00pm 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.
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.
Hall UPVC Door, stairs leading to the first floor landing Living Room 4.5466m x 3.2766m - 14'11" x 10'9" Double glazed bay window to the front elevation, electric fire, 2x radiators, patio doors to the rear garden Kitchen/Diner 4.4196m x 2.9464m - 14'6" x 9'8" Fitted with a range of Howdens wall and base units with complementing work surfaces, splash back tiling, electric hob, electric oven, extractor hood, integrated fridge/freezer, stainless steel sink with drainer and mixer tap, storage cupboard, radiator, double glazed window to the rear elevation Utility 2.8702m x 1.5494m - 9'5" x 5'1" Space for washing machine and dryer, boiler, double glazed window to the side elevation, upvc door to the side elevation Shower Room 1.5494m x 1.4732m - 5'1" x 4'10" Fitted with a 2 piece suite comprising of; Shower cubicle, low level w/c, radiator, extractor fan, part tiled walls 2nd Reception Room 3.4036m x 2.9718m - 11'2" x 9'9" Double glazed bay window to the front elevation, radiator Landing 1.9812m x 1.4986m - 6'6" x 4'11" Loft Access Bedroom One 4.5466m x 2.7432m - 14'11" x 9'0" Double glazed windows to both the front and rear elevations, radiator, fitted wardrobes, storage cupboard Bedroom Two 4.6228m x 2.6416m - 15'2" x 8'8" Double glazed window to the side elevation, fitted wardrobes, radiator Bedroom Three 3.429m x 2.9464m - 11'3" x 9'8" Double glazed window to the front elevation, radiator Bathroom 2.3368m x 2.286m - 7'8" x 7'6" Fitted with a 3 piece suite comprising of; Bath, pedestal wash hand basin, low level w/c, radiator, part tiled walls, double glazed window to the side elevation Garage Single detached garage accessed via up and over shutter, electricity and lighting Externally To the Front;Laid to lawn garden, driveway with access to garage To the Rear;Paved with tap and light
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Beech Terrace, Horden, County Durham, SR8
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