This four-bedroom detached residence on Forth Close, Peterlee presents a fantastic opportunity for investors, developers, or buyers seeking a project to create a spacious family home. Offered for sale via the modern method of auction with no onward chain, the property occupies a generous plot with front and side gardens and enjoys an attractive position overlooking open fields to the rear.

Internally, the property offers spacious accommodation throughout and provides excellent potential for improvement and reconfiguration, subject to the necessary consents. Requiring full renovation, the home is a blank canvas for those looking to add significant value and personalise every aspect to their own tastes and requirements.

The ground floor comprises an entrance hall leading to a generous lounge and a separate dining room, providing two well-proportioned reception rooms ideal for family living and entertaining. The kitchen offers ample space for redesign and modernisation, while a convenient downstairs WC completes the ground floor accommodation.

To the first floor, there are four bedrooms of good size, offering flexible space for growing families, home working or guest accommodation, together with a family bathroom. The property's spacious layout provides excellent potential to create a modern and highly desirable family home once refurbishment works have been completed.

Externally, the property benefits from gardens to both the front and side, creating useful outdoor space with scope for landscaping and further enhancement. A driveway provides off-road parking and leads to the detached garage, offering additional storage or workshop potential. To the rear, the property enjoys pleasant views overlooking open fields, providing a sense of privacy and an attractive outlook rarely found within a residential development.

Situated within a popular area of Peterlee, the property is conveniently located for local amenities, schools, transport links and commuting routes, making it an appealing prospect for a range of purchasers.

An excellent investment opportunity with generous accommodation, a sizeable plot, garage, driveway, no onward chain and huge potential for improvement. Early viewing is strongly recommended to appreciate the scope and location on offer.

For sale via I Am Sold auction. Terms and conditions apply.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.