4-bedroom semi-detached house · SR8 2DP
Listing removedListed 152 days
Opportunity summary
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About
FOR SALE BY AUCTION! Offered to the market to CASH BUYERS ONLY! In need of building works and priced accordinly.
Rarely do properties of this size and affordability become available upon the open market therefore it gives us great pleasure to offer for sale this spacious four bedroomed semi detached property which boasts gas central heating system, double glazing, refitted kitchen and quality refitted bathroom/W.C.
To the exterior of the property is an open plan lawn garden to front elevation along with enclosed flagged garden to rear. Ideal home for the growing family.
GROUND FLOOR Entrance Hall Lounge - 3.6 x 2.7 Sitting Room - 6.8 x 2.2 Kitchen - 3.8 x 2.9 FIRST FLOOR Bedroom - 3.7 x 2.8 max Bedroom - 3.0 x 2.2 Bedroom - 3.5 x 3.4 Bedroom - 3.0 x 2.8 Bathroom - 1.9 x 1.6 MATERIAL INFORMATION The following information should be read and considered by any potential buyers prior to making a transactional decision: AUCTION TERMS 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.
TITLE PLAN 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.
QUESTIONNAIRE 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.
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 > FLOOD RISK RATING Please check the online flood risk checker at the following link here > 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.
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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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 York Road, Peterlee, SR8 2DP
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