4-bedroom house · SR8 4DE
Listing removedReduced £9k (−10.6%) on 21 JunListed 189 days
Opportunity summary
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About
This four‐bedroom end‐terraced home in Park View, Horden is offered for sale via auction with no onward chain, making it an appealing opportunity for buyers looking for a property with space, versatility and strong potential.
Set behind a front garden laid to lawn, the house welcomes you into an entrance hall where stairs rise to the first‐floor landing and a useful storage cupboard sits neatly beneath.
The ground floor offers an impressive sense of space, beginning with a generous 22ft living and dining room that runs the length of the property, providing a bright and flexible area for family life or entertaining.
To the rear sits a modern 13ft kitchen/breakfast room, fitted with contemporary units and featuring a UPVC door that opens directly out to the garden.
A separate utility room adds valuable practicality, while a fourth bedroom on the ground floor offers excellent flexibility for guests, multigenerational living or use as a home office.
Completing the downstairs layout is a three‐piece bathroom fitted with a bath and overhead shower.
Upstairs, the landing leads to three well‐proportioned bedrooms along with a second bathroom, this time fitted with a three‐piece suite including a shower cubicle.
Outside, the rear garden provides a private outdoor space with a combination of paving and gravel areas, along with a garden shed for storage.
The layout offers plenty of scope for personalisation, whether you prefer low‐maintenance living or plan to create a more landscaped setting.
Overall, this is a spacious and adaptable home with strong potential, ideal for buyers seeking a property to make their own, an investment opportunity, or a family home in a convenient location with no chain attached.
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 4.50% 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. Payment varies but will be no more than £450.00.
These services are optional.
Entrance Hall 3.7084m x 2.8194m - 12'2” x 9'3” Living Room/Dining Room 6.8326m x 2.2606m - 22'5” x 7'5” Living room area - 11'09 by 11'07 Kitchen/Breakfasting Room 4.0894m x 3.3528m - 13'5” x 11'0” Utility 2.921m x 1.0922m - 9'7” x 3'7” Bedroom Four 3.556m x 2.9718m - 11'8” x 9'9” Bathroom 2.9464m x 1.9558m - 9'8” x 6'5” Landing 2.4638m x 2.3368m - 8'1” x 7'8” Bedroom One 4.0894m x 3.5814m - 13'5” x 11'9” Bedroom Two 4.0894m x 3.1242m - 13'5” x 10'3” Bedroom Three 2.6162m x 2.1336m - 8'7” x 7'0” Bathroom 2.3368m x 1.6764m - 7'8” x 5'6” Outside Front & Rear Gardens
Value & comps
No previous sales on record.
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Returns
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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.
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FAQ
About 12, Park View, Peterlee
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