Eighth Street, Horden, Peterlee... 2 bed terraced house for sale

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Eighth Street, Horden, Peterlee... 2 bed terraced house for sale

Eighth Street, Horden, Peterlee, Durham, SR8 4LY
£34,999

Our Summary

  • Investment Opportunity – Tenanted Two-Bedroom Mid-Terrace – 15
  • 8% Rental Yieldsold via online auction

Description

This well-presented two-bedroom mid-terrace property in Horden is an attractive investment opportunity, currently generating a strong 15.8% annual rental yield through a long-term sitting tenant. The property, managed by a local letting agent, is in good condition and offers a comfortable living space with a lounge, kitchen/diner, two double bedrooms, and a family bathroom. The rear yard provides additional outdoor space. Located close to the A19, local bus routes, Horden town centre, and the newly built train station, the property offers excellent transport links. With no rent arrears and a current rent of £525 PCM, this property is a strong turnkey investment for landlords, available to purchase via online auction.