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2 bedroom terraced house for sale
Ashton Street, Peterlee SR8
£35,000
Ashton Street, Peterlee SR8
£35,000
Our Summary
- THE PROPERTY IS IN NEED OF REFURBISHMENT AND ISSUES REMEDYING HOWVER OFFERS GREAT SCOPE FOR A HANDS ON INVESTOR TO ADD AND CREATE VALUE
- The property albeit in need of works the property will allow someone to refurbish with 5 out of the last 6 most recent sales (nethouseprices currently 9th May 2024 to 27th February 2025 - as of 2/10/25) achieving in excess of £50,000 on the same street
Description
This two-bedroom terraced property in Easington, close to the coastline and local amenities, offers a great opportunity for a hands-on investor to transform it into a high-yielding buy-to-let property. The property is in need of refurbishment, but this presents a chance to add value and create a rental income of £450-£550 per month, depending on the specification. With a strong demand for rentals in the area, the threat of void periods is reduced, and recent sales on the same street have achieved in excess of £50,000, making this a promising investment opportunity.