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2 bed terraced house
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Price History
Our Summary
- Scope for cosmetic modernisation
- Ideal first-time buy or investment opportunity
- Whilst some cosmetic aspects may be considered dated, the home is exceptionally clean and well-presented, offering buyers the opportunity to modernise to their own taste over time
- For investors, the property offers a potential rental income of approximately £475 PCM, equating to an impressive 16
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Description
The property is a deceptively spacious two-bedroom terraced home in Horden, Peterlee, with a potential 16.3% rental yield. The accommodation comprises a lounge, fitted kitchen, upgraded family bathroom, and two well-proportioned bedrooms. The property has been lovingly cared for by its current owner, with a modern combi boiler, replacement UPVC windows, and new external doors, providing added efficiency and reducing future expenditure.
Externally, there is an enclosed rear yard, creating a private and low-maintenance outdoor space. The property is situated close to local amenities, schools, transport links, and Horden railway station, with easy access to the Durham Heritage Coast and surrounding towns. The property is in Council Tax Band A and is being sold as a freehold.