York Road, Peterlee, Durham, SR8 2DP 3 bed flat for sale

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York Road, Peterlee, Durham, SR8 2DP 3 bed flat for sale

York Road, Peterlee, Durham, SR8 2DP
£35,000

Our Summary

  • No Upper Chain | Town Central Location | Excellent Road Links | Access to Schools & Local Amenities | Competitively Priced | High Rental YieldSOLD VIA ONLINE AUCTION
  • The property also presents an attractive investment opportunity, with a potential rental income of £550pcm – equating to an impressive annual yield of approximately 16

Description

This property, located in the village of Peterlee, offers an excellent opportunity for first-time buyers, downsizers, or investors. With a competitively priced sale, it boasts a high rental yield of approximately 16.5% (£550pcm) making it an attractive investment opportunity. The property features uPVC double glazing and gas central heating, and its floor plan includes a private entrance hallway, kitchen/dining room, lounge with balcony, three bedrooms, bathroom, and separate WC. Situated in a convenient location with strong road connections, it is close to schools and local amenities, making it an ideal purchase for those seeking a hassle-free lifestyle. The property will be sold as soon as possible, in its current condition and contents, with a leasehold tenure and a remaining lease of 119 years.