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Peterlee SR8 2 bed terraced house for sale
Tenth Street, Peterlee
£35,000
Tenth Street, Peterlee
£35,000
Our Summary
- Investment Potential:This property can be transformed into a long-term rental home offering an attractive yield of around 13%
- 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")
- Auction Property
- Investment Potential
Description
This two-bedroom, one-bathroom terraced home is a solid investment opportunity, offering a potential yield of 13% as a long-term rental property. The property is located in a prime area, just a five-minute drive from Castle Dene Shopping Centre and close to the A19, providing easy access to surrounding towns and cities. The home has been recently refreshed with new flooring throughout, including new carpets in the bedrooms and vinyl flooring in the kitchen. The property features a cozy living room, a kitchen with ample cabinetry and space for under-counter appliances, and a family bathroom with a bath and overhead shower. Upstairs, there are two bedrooms, one double and one single, both with new carpets. The property also benefits from a new roof and on-street parking to the front. With its central location and excellent transport links, this property is an attractive option for anyone looking to invest or add to their portfolio.