A three-bed County Durham house is set to be auctioned off with a guide price of as little as £4,000.

The terraced property, located on Argent Street, Peterlee, will be sold via online auction by BP Auctions.

It is described as a freehold mid-terraced property, with a reception room, kitchen, and bathroom on the ground floor, and three bedrooms on the first floor.

The property is currently rented out at £600 per month, making it an investment opportunity for potential buyers.

It holds an EPC rating of D and falls under Council Tax Band C.

The property is situated on the east side of Angus Street, with the A19 to the west and Horden Station 2.4 miles to the south.

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Shops and amenities can be found along Seaside Lane to the south, and the Easington Colliery Local Nature Reserve is nearby.

BP Auctions have stated that online bidding pre-registration is required via their website to bid on the property.

The auctioneers have also noted that potential buyers can place a prior auction offer by sending an email to the auctioneers.

An administration charge of £1,400 including VAT is payable on exchange of contracts.

Viewings are by appointment only and interested parties are advised to contact the auctioneers to arrange one.

The auction is scheduled to commence on October 21, 2024, at 12:10 pm, with bidding closing on October 23, 2024, at 12:10 pm.