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2 bed terraced house for sale

£55,000 Offers over

Tees Street, Horden SR8

2 bed terraced house for sale 2 1 1
Interested in this property? Call +44 191 723 3995 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • On street/residents parking
  • Double glazing
  • 28 day completion
  • Tenant in situ
  • £1000.00 fee
  • Ideal investment opportunity
  • £5100.00 rental income per annum

Property description

Horden Lettings & Management are delighted to bring to the market a 2 bedroom mid terrace property located on Tees Street, Horden.

This property is well located close to shops, bus routes, schools and recently built Horden Train Station. Briefly compromising of a lounge, kitchen, two bedrooms and a family bathroom, externally there is an enclosed yard to the rear aspect and on street parking. This property has been recently refurbished and is in great condition.

This is an ideal investment opportunity, achieving £5100.00 per annum.

Lounge:
With double glazed window and a radiator.

Kitchen:
With double glazed windows, radiator, sink unit, fitted wall and base units and electric cooker point.

Bedroom One:
The master bedroom is located at the front of the property, with double glazed windows and a radiator.

Bedroom Two:
Located at the rear of the property, with double glazed windows and a radiator.

Family bathroom:
This bathroom consists of a bath with an electric shower over, pedestal wash basin and W/C.

External:
Enclosed yard to the rear of the property.

Property value data/graphs for SR8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £223,296 £125 3.4 £184,161
Semi-detached £140,559 £95 2.8 £108,669
Terraced £89,286 £79 2.6 £68,647
Flats £95,397 - 1.9 £43,500

Current asking prices in SR8

Average: £98,021
Avg. current asking prices in SR8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £50,212
(91)
£101,987
(92)
£242,038
(17)
£386,666
(3)
Flats - £44,279
(7)
- - -
All - £49,788
(98)
£101,987
(92)
£242,038
(17)
£386,666
(3)

Current asking rents in SR8

Average: £571 pcm
Avg. current asking prices in SR8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £542 pcm
(12)
£606 pcm
(11)
- -
Flats - £548 pcm
(2)
- - -
All - £543 pcm
(14)
£606 pcm
(11)
- -

Fun facts for SR8

Highest value in SR8
Highest value streets Zed-Index
Lorimers Close £342,561
Nursery Gardens £313,351
Askerton Drive £295,066
Lambton Court £277,337
Lumley Drive £271,438
Highest turnover in SR8
Highest turnover streets Turnover
Bradley Street 73.1%
Tees Street 68.0%
Warren Street 64.5%
Bourne Street 57.7%
Smillie Close 50.0%
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For more information about this property, please contact
Horden Lettings and Management, SR8 on +44 191 723 3995 * (local rate)

Monthly running costs Beta

£437 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,500
Repayment term 25
Interest rate 2.0
Your payment £209 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £250,000 Average insurance cost £8/mo (£90/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £29 Electricity £40 Estimated energy cost £69/mo How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 11400 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

County Durham

Estimated tax band A Council tax cost £120 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £14 Sewerage £17 Estimated water cost £31 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Horden Lettings and Management, and do not constitute property particulars. Please contact Horden Lettings and Management for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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