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Bourne Street, Peterlee SR8 2 bed terraced house for sale

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Bourne Street, Peterlee SR8 2 bed terraced house for sale

Bourne Street, Peterlee SR8
£28,000

Our Summary

  • Guide Price £28,000+Moovd offer For Sale via Option A – Unconditional Online Auction on 4th September 2025 a two-bedroom mid terrace investment, let at £388 PCM
  • Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process
  • Option A - Online Unconditional Auction: The above property is offered for sale by Online Unconditional Auction (Traditional auction)
  • They are not necessarily figures which a property will sell for and may change at any time during the timed Auction
  • Reserve Price: The property is offered subject to a Reserve Price (a figure below which we Moovd the Auctioneer cannot sell the property during the timed Online Auction)
  • All buyers will be asked to produce two forms of identification documentation, either as part of the Bidder Registration process or if they make an acceptable Pre-Auction offer, we would ask for your assistance in order for there to be no delay in agreeing the sale
  • Offered For Sale via Option A - Unconditional Online Auction

Description

This two-bedroom mid-terrace investment property is being sold via online unconditional auction on September 4th, 2025, with a guide price of £28,000. The property is currently let at £388 per calendar month, generating a yield of 16.62% on the guide price. The property's layout includes an entrance vestibule, lounge, kitchen, bathroom, and two bedrooms, as well as an enclosed rear yard. Due to lack of access, no internal details are available. The property is a perfect buy-to-let investment, and Moovd, the auctioneer, will require a non-refundable administration fee of £3,000 and a 10% deposit payment from the successful buyer. The seller may also charge additional fees payable upon completion. The property is being sold with a reserve price, which will be set within the guide range, and the eventual sale price may be above or below the guide price.