Park Terrace, Horden, SR8
North East
£25,000Guide Price
Listed on 03/11/2026
Listed on 03/11/2026
The listing
Property details
Bedrooms
2Type
TerracedDescription
Offered at auction, this two-bedroom terraced house in Horden is described as requiring refurbishment throughout. The ground floor has an entrance porch, hallway, living room and kitchen, while upstairs are two bedrooms and a bathroom. The listing gives approximate room dimensions and describes a traditional layout with scope for updating. Local shops, schools and public transport links are noted nearby, and the property is offered with no onward chain. The sale is by online auction on unconditional terms, with completion required within 28 days. The buyer's premium is £8,000 including VAT, payable in addition to the purchase price; prospective bidders should review the auction information and carry out due diligence before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
44out of 100
Grade ELow opportunity
Confidence: LOW
At £25,000, this two-bedroom terrace is a substantial project rather than a cosmetic refresh: several photographed rooms have damaged or unfinished surfaces, the bathroom is dismantled, and windows are boarded or damaged. There is a traditional layout to reshape into a bespoke home, with scope to reinstate the bathroom, tackle the exposed kitchen walls and services, and improve the small rear yard. No clear roof failure is visible in the submitted exterior view.
The overall WHOTS score is 44/100 (grade E), reflecting weak investability and a heavy programme, while the location scores well. Floor area is missing, so value versus local £/sqf cannot yet be judged. It is offered by online auction at a starting price of £25,000; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Use the traditional layout as a canvas to rework the interior into a cohesive two-bedroom home.
- Reinstate the dismantled bathroom and assess the kitchen services and remaining units as part of a tailored redesign.
- Clear and improve the small rear yard, and renew worn finishes across the photographed rooms.
Key risks
- Stripped and damaged finishes across several rooms, a dismantled bathroom, and boarded or damaged windows make this a heavy interior rebuild; plan for a longer, more involved programme than a cosmetic refresh.
- Floor area is missing, so value against local £/sqf cannot yet be assessed.
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Transport
Nearest stations
Horden
0.3 miles
Train · Horden
Seaham Rail Station
5.5 miles
Train · Seaham
Hartlepool Rail Station
6.7 miles
Train · Hartlepool
Seaton Carew Rail Station
8.5 miles
Train · Seaton Carew
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
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%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£102
Based on a loan of £18,750 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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