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2 bedroom terraced house for sale
Murray Street, Peterlee, County Durham, SR8
£10,000
Murray Street, Peterlee, County Durham, SR8
£10,000
Our Summary
- This property provides an exceptional investment opportunity for long term returns or for a quick capital increase and return
- 4 Million Regeneration Investment by Durham Council How to Buy Information : - Register or view and bid on this property at our AUCTION SITE, or to make a pre-auction bid to secure this property send us a message and we will call you back
- Auction Administration Charge & Important Note for Prospective Bidders - We draw your attention to the Auction Administration Charge which is a non-refundable £3,200 inc VAT payable on the fall of the virtual gavel
- About Us : Property Regen specialise is transforming empty and derelict properties into homes for families
Description
This tenanted mid-terrace family home in Horden, Peterlee, is being marketed by Property Regen with a guide price of £10,000. The property generates a rental income of £500 per month, offering a 22.2% yield. The property has been renovated and features a loft conversion, providing a third bedroom accessible from the master bedroom. With a recent sale on the same road for £64,000, this property presents an exceptional investment opportunity for long-term returns or a quick capital increase. The property has a renovated kitchen, spacious living area, private backyard, and on-street parking. The property is selective license compliant with EICR, CP12, and EPC, and utilities include main water, sewer, gas, and electricity. The property can be purchased through an auction site, with a non-refundable auction administration charge of £3,200 inc VAT payable on the fall of the virtual gavel.