Latest news with #HordenMasterplan
Scottish Sun
17-05-2025
- Business
- Scottish Sun
Britain's CHEAPEST house boasting three bedrooms in popular seaside village could be yours for just £1
The property will be auctioned with bids starting extremely low CHEAP STREET Britain's CHEAPEST house boasting three bedrooms in popular seaside village could be yours for just £1 Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A THREE-bed family home has hit the market and could be yours for only £1. The property in Horden, County Durham, comes with a jaw-dropping reserve price but its future homeowners may need to get their hands dirty. Sign up for Scottish Sun newsletter Sign up 2 The property has been listed for a mere £1 Credit: NNP An online advert describes the terrace as being in need for refurbishment and renovation throughout but it could be the ideal bargain for investors. Pictures taken from the outside show it looking run down while the windows have been boarded up for security reasons. A former shop next door also appears boarded up and abandoned. But the property is close to Sunderland and is less than a 30-minute drive from Durham city centre. The sale is set to be part of a regeneration project in the area which aims to eventually replace the terraced houses with modern housing. The house will be auctioned with house hunters possibly able to grab the deal of the century. Third Street is one of a number of residential terraces which were originally built for miners based at the nearby colliery. The property is set to go under the hammer later this month with William H Brown auctioneers. The auction will go live on Tuesday May 20 with bids accepted online, via telephone or in person at the Grand Connaught Rooms in London. The online listing for the property reads: "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." No internal viewings of the property are on offer and buyers will have to bid on what they can see from outside or in pictures. William H Brown were contacted for comment.
Yahoo
11-05-2025
- Business
- Yahoo
The bargain three-bed County Durham home that could be yours for just £1
This three-bedroom house could be yours for only £1. A County Durham home is set to go on auction with a guide price of just a quid. It means the home could be snapped up for less than the cost of an average loaf of bread, which stood at £1.40 in January, or using spare change found down the back of the sofa. The three-bed property in Horden comes with a loft room, rear yard and open plan living area. In need of renovation throughout, the mid-terrace on Third Street could be a perfect investment opportunity or rung onto the property ladder for a buyer willing to take on a project. An online listing says there will be no viewings inside and the home is currently boarded up. There are also no pictures of its condition inside. It is said to need 'renovation and refurbishment throughout'. The online auction takes place on May 20, 2025. The full listing reads: 'A mid terrace property set within an area earmarked for regeneration within the Horden Masterplan, which was signed off in September 2024. 'The property currently requires a full scheme of refurbishment and modernisation and offers the potential to provide four bedrooms with accommodation over three floors. Read next: Five plead not guilty to the alleged the murder of Stanley grandad Barry Dawson Who are the two ex-best pals convicted of cutting down the iconic Sycamore Gap tree? Non-league record breaking goal legend tells his story & reveals transfer truth lick here to join our WhatsApp community and get breaking news updates direct to your phone. 'The current owner has also drawn up some plans to show the possibility to create two self-contained apartments, one one-bedroom and one 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." As with any auction property, any potential buyers are encouraged to read the small print online and contact the auctioneers for the legal pack. Further enquiries can be made on the William H Brown website.
