This two-bedroom mid-terraced property in Horden, County Durham, presents a compelling opportunity for renovation and investment. Located conveniently near Horden train station and within reach of the scenic coastline and the Horden Nature Grasslands nature reserve, the property benefits from a desirable location that appeals to both residents and potential tenants.
The interior of the home is currently in need of refurbishment, allowing new owners to personalize the space to their tastes. The layout includes a living room, kitchen, two bedrooms, and a bathroom, providing a solid foundation for updates. With the right renovations, this property could serve as an attractive rental option or be transformed for resale at a profit.
Demand for rental properties in this area has shown promise, with potential yields exceeding 10%, making it particularly appealing for buy-to-let investors. The rear yard offers additional outdoor space which can also be enhanced to increase its value further.
This home is being sold via auction under straightforward terms that facilitate bidding from anywhere at any time. Interested buyers are encouraged to conduct viewings by appointment through local agents or directly with the auction house. As it stands, this property represents not just a home but also an investment ripe with potential for those willing to take on a project.