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Peterlee, SR8 - Get Access

3 bed

Description

Situation: The property is situate on Argent Street, Peterlee, on the outskirts of Sunderland, within reach of the local amenities, including local rail station and the North East coast. Sunderland offers a wide range of both retail and leisure facilities, along with further access to surrounding towns and Cities. The North East coast offers some fantastic sights and scenery, along with access to the popular coastal areas of Scarborough Whitby, Staithes, Seaham and Whitburn. Description: A traditionally constructed, 3 bedroom mid terrace house requiring improvement works but benefitting from well proportioned and versatile accommodation, in an area of high rental demand, giving excellent yield potential (based on guide price) once renovated, along with scope to add value. Potential income of £600 pcm (£7200 per annum). Freehold Ground Floor Entrance Hall Sitting Room Dining Room Kitchen First Floor: Bedroom 1 Bedroom 2 Bedroom 3 Family Bathroom Outside Rear yard. Agent Note: The property has suffered from extensive fire damage. Please copy and paste the link below into your browser for a full breakdown of material information for this property mip.urls.addland.com/eCkMeuyU2zibqGRr1y2JFU Tenure: The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack. Council Tax: The property falls within Durham Council “ BAND A Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor. These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. Any potential rental incomes are approximate based on Rightmove data at the time of preparing the details and bidders are advised to check with a local agent for an accurate valuation. Current Rating D Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services. Durham County Council SCJ Solicitors, Unit 1 & 3, Ref: SCJ Solicitors, Tel: 01286 677897 We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,109 sq ft (EPC)

Valuing this traditional three-bedroom mid-terrace house on Argent Street involves examining local terraced housing evidence in Peterlee. The property requires a comprehensive refurbishment due to extensive fire damage and structural issues observed in the kitchen and interior walls. Valuation floor area of 1,109 sq ft serves as the basis for assessing scale against local comparables.

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