FOR SALE BY ONLINE AUCTION 12TH-13TH AUGUST 2026, UNLESS SOLD PRIOR UNDER AUCTION TERMS
28 Park Terrace, Horden, Peterlee, County Durham, SR8 4JG
Vacant Two Bedroom Terrace Requiring Refurbishment. Excellent Investment or Resale Opportunity.
An excellent opportunity to acquire this two-bedroom mid-terraced property situated within the popular residential area of Horden, Peterlee. Offered with vacant possession, the property requires a programme of refurbishment and presents an ideal purchase for investors, builders and developers seeking a value-add project.
lounge, kitchen, two bedrooms, bathroom and an enclosed rear yard. offering purchasers the opportunity to modernise to their own specification and create an attractive home for either the rental or owner-occupier market.
Following refurbishment, the property has excellent potential as a buy-to-let investment or could be renovated and resold, with recent comparable sales demonstrating the strength of the local market.
Rental demand within Horden remains strong, with modernised two-bedroom terraced properties typically achieving between £550 and £650 per calendar month, subject to specification and condition.
Recent comparable sales within the immediate area include 4 Rosedale Terrace, Peterlee, SR8 4RF, which sold for £90,000 on 26th February 2026, and 9 Edendale Terrace, Peterlee, SR8 4RD, which sold for £89,990 on 20th February 2026. These sales demonstrate the potential for purchasers to refurbish the property and maximise its resale value.
Park Terrace is located within the established residential area of Horden, close to a wide range of local amenities including shops, schools, supermarkets and leisure facilities. The property also benefits from excellent transport links via the A19, providing convenient access to Sunderland, Hartlepool and Durham. Horden Railway Station offers direct rail connections to Newcastle, Sunderland, Hartlepool and Middlesbrough, making the area increasingly attractive to commuters, owner-occupiers and tenants alike.
Properties of this nature continue to generate strong interest from investors due to their refurbishment potential, affordable entry price and excellent scope for capital growth. Offered with vacant possession, this is an exciting opportunity to renovate and either create a high-yielding rental investment or a profitable resale project. SOLD AS SEEN, NO EPC.
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65-81 St Petersgate
Stockport
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