Auction Guide Price £48,000
Tenure – Freehold
2 bed Mid- Terrace house fitted kitchen living-room family bathroom currently achieving a Yield of 5.2% , rental income of £200 pcm
Horden is a village in County Durham, England. It is situated on the North Sea coast, to the east of Peterlee. Horden was a mining village until the closure of the Horden Colliery in 1987. Main features include the Welfare and Memorial Parks and St Mary’s Church.
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Contracts are to be exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price. In addition the buyer will be obliged to pay the buyers premium as agreed with the auctioneer at the time of exchange.
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