Kemp Road, Peterlee, Durham, SR8 2AA

!!FOR SALE BY AUCTION – 30TH JUNE!!

Option 1 Auction Bidding Opens 24 Hours Prior Ideal Investment Opportunity – Sold with Sitting Tenant Current Rental Income: £650 PCM Potential Gross Yield: Approximately 9.92% An excellent opportunity to acquire this three-bedroom semi-detached home, ideally situated within a popular residential area of Peterlee.

The property is stunning throughout and conveniently located close to a range of local amenities, schools, shops, and transport links, making it an attractive proposition for investors and tenants alike.

The property benefits from a driveway to the front providing convenient off-road parking.

To the rear is a private enclosed garden, offering a good-sized outdoor space with scope for further improvement. For investors looking to expand their portfolio, this is a fantastic opportunity!

GROUND FLOOR Hall Lounge/Dining Room - 5.9 x 3.8 Kitchen - 3.2 x 2.6 Conservatory - 4.7 x 2.6 FIRST FLOOR Landing Bedroom - 3.9 x 2.5 Bedroom - 3.7 x 3.3n Bedroom - 2.6 x 2.2 Bathroom - 2.6 x 1.5 Disclaimer Each auction property is offered at a guide price and is also subject to a reserve price.

The guide price is the level where the bidding will commence. The reserve price is the sellers' minimum acceptable price at auction and the figure below which the auctioneer cannot sell.

The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee.

Disclaimer A copy of the title is available upon request via Agents Property Auction, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Disclaimer We are advised by the seller that the property has mains provided gas, electricity, water and drainage.

MATERIAL INFORMATION The following information should be read and considered by any potential buyers prior to making a transactional decision: SERVICES We are advised by the seller that the property has mains provided gas, electricity, water and drainage.

WATER METER - TBC PARKING ARRANGEMENTS - Street Parking ELECTRIC CAR CHARGER - No MOBILE PHONE SIGNAL No known issues at the property BROADBAND SPEED The maximum speed for broadband in this area is shown by imputing the postcode at the following link here propertychecker.co.uk/broadband-speed-check FLOOD RISK RATING Please check the online flood risk checker at the following link here gov.uk/check-long-term-flood-risk NORTHEAST OF ENGLAND - EX MINING AREA We operate in an ex-mining area.

This property may have been built on or near an ex-mining site. Further information can/will be clarified by the solicitors prior to completion.

The information above has been provided by the seller and has not yet been verified at the point of producing this material.

There may be more information related to the sale of this property that can be made available to any potential buyer.

These particulars are intended to give a fair and reliable description of the property but no responsibility for any inaccuracy or error can be accepted and do not constitute an offer or contract.

All measurements are approximate and for guidance only.

It is our normal policy to obtain a completed consumer protection regulations property questionnaire from the seller regarding the property and then disclose any material information to the buyer in accordance with the relevant Consumer Protection Regulations.

We have been unable to obtain such a questionnaire in this case and we would ask all interested parties to keep this in mind if they are willing to proceed further.