Property Description
Data accuracy has been partially verified for this property. More info on modelled data points below.
Our analysis
Welcome to 85 Third Street, Peterlee, a cozy and compact terraced type home with 3 bed in the SR8 4EH area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.
This classic property was built
The local area is known for its high value-to-quality ratio -
with a market valuation of £104,000 and a rental potential of £676 per month,
,
it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
Additional analysis
In addition to our own current description, this property has received a tailor-made description dated to May 25, 2025. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
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SUMMARY
AUCTION SALE 20 May 2025 Potential for an excellent return
Requires renovation and refurbishment throughout.
Potential compulsory purchase order.
DESCRIPTION
***FOR SALE BY AUCTION. VARIOUS BIDDING OPTIONS AVAILABLE ONLINE, TELEPHONE, PROXY OR IN PERSON AT THE GRAND CONNAUGHT ROOMS, GREAT QUEEN STREET, 61 65, COVENT GARDEN, LONDON, WC2B 5DA *** 20TH MAY 2025***9.30 am START***CONTACT THE AUCTIONEERS TO REGISTER NOW***
Description
A mid terrace property set within an area earmarked for regeneration within the Horden Masterplan, which was signed off in September 2024, further details can be found online and Durham County Council. The property currently requires a full scheme of refurbishment and modernisation and offers the potential to provide four bedrooms with accommodation over three floors. The current owner has also drawn up some plans to show the possibility to create two self contained apartments, 1 X one bedroom & 1 X two bedroom. Both, subject to necessary consents being approved, but shows the potential for an excellent return. These have not been submitted or approved and are to be used for guidance purposes only. The property is situated close to the centre of Horden, close to local amenities, schools and bus routes to Peterlee, Sunderland, and the surrounding districts. Horden is located between the centres of Hartlepool and Sunderland and gives good access to the A19 trunk road.
Please Note
The property is boarded for security purposes, there will be no internal viewings. We have not entered the property and the information provided is to be used for guidance purposes only and not to be fully relied upon.
Presumed Accommodation
Ground Floor Entrance, Open Plan Lounge Dining Room, Kitchen Area, Rear Lobby & Bathroom.
First Floor Landing & Three Bedrooms.
Second Floor Loft Room.
External Rear Yard.
Tenure
Freehold
EPC Rating N A
Council Tax Band A
Enquiries
William H Brown Northern Auction Centre, 38 High Street, Bawtry, Doncaster, DN10 6JE. Tel. .
GUIDE PRICE £1
Important Notice
For each Lot, a contract documentation fee of £1500 inclusive of VAT is payable to the Auctioneers by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
**PLEASE CONTACT THE AUCTIONEERS AT TO REQUEST A COPY OF THE LEGAL PACK, IF THIS IS AVAILABLE WE CAN EMAIL IT OVER TO YOU**
When setting the guide price, the auctioneers have given consideration to the seller s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, the level below which the property will not be sold , remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
Registration for bidding online will close the Friday before the auction sale. Please ensure you register and submit all the details and documents required in time. Without authorisation to bid prior to the sale you will be unable to bid in the auction.
1. MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co operation in order that there will be no delay in agreeing the sale.
2. General While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built in furniture.
4. Services Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE UK LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY."
Tax band A
76 sqm plot
