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Barwick Street, Peterlee SR8 2 bed terraced house for sale
20 Barwick Street, Peterlee, SR8 3SA
£35,000
20 Barwick Street, Peterlee, SR8 3SA
£35,000
Our Summary
- *21, Barwick Street, Peterlee SR8 3SA sold for £52,500 in Mar 2023, 20, Station Road, Peterlee SR8 3SD sold for £59,000 in Jun 2025* Once renovated, this property offers an incredible investment opportunity with an expected rental income of £650 PCM, translating to £7,800 PA
- 2% based on a competitive guide price, presenting a high-yield potential for keen investors
- The property requires a full renovation and is sure to appeal to shrewd builders, investors, and developers on the hunt for a unique project that offers remarkable capital growth potential
- Once renovated, this property offers an incredible investment opportunity with an expected rental income of £650 per calendar month, translating to £7,800 annually
- The property is being offered at a fantastic discount to ensure a sale, appealing to anyone looking for a straightforward purchase with excellent upside potential
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Once renovated, this property offers an incredible investment opportunity with an expected rental income of £650 PCM, translating to £7,800 PA
Description
This vacant two-bedroom terraced house in Peterlee is a prime investment opportunity, offering a potential rental income of £650 per calendar month, translating to £7,800 annually, with a gross yield of 22.2%. The property requires a full renovation and is situated in a convenient location, close to local amenities, schools, and public transport. With excellent sales evidence in the area, this property is being offered at a fantastic discount to ensure a sale. The property is ideal for shrewd builders, investors, and developers looking for a unique project with remarkable capital growth potential. With its competitive guide price and high-yield potential, this property is sure to appeal to keen investors.