A two-bedroom terraced house in Horden, Peterlee, is up for auction with a guide price of £4,500.

The property, located on Eighth Street, is listed by BP Auctions and is a currently vacant freehold.

The online auction for this property is set to commence on October 21, 2024, at noon.

Bidding will close on October 23, also at noon. 

BP Auctions advises interested parties to pre-register for online bidding through their website.

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The estate agent notes that a prior auction offer can be placed by sending an email.

They also mention that an administration charge of £1,400 including VAT is payable on the exchange of contracts.

The house has an EPC rating of D.

The estate agent states that viewing is by appointment only, and interested parties should contact the auctioneers to arrange this.

Any amendments to the particulars that BP Auctions are aware of will be published on the addendum, which is available within the lot information or on BP Auctions' website.

BP Auctions advises that potential buyers should make their own enquiries and investigations regarding the accuracy of the information provided in the listing.

The Northern Echo recently reported that one in 10 homes in Horden are empty, with residents feeling 'forgotten'.

The former mining town is in the top three per cent of deprived areas in England and Wales and was recently given millions of pounds towards its masterplan by North East mayor Kim McGuinness.