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York Road, Peterlee, Durham, SR8 2DP 3 bed flat for sale
York Road, Peterlee, Durham, SR8 2DP
£35,000
York Road, Peterlee, Durham, SR8 2DP
£35,000
Our Summary
- No Upper Chain | Village 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 uPVC double glazing and gas central heating, it's a great option for a wide range of buyers. The property has a potential rental income of £550pcm, providing an impressive annual yield of 16.5%. The three-bedroom home features a private entrance hallway, kitchen/dining room, lounge with balcony, stairs leading to three bedrooms, a bathroom, and a separate WC. Situated on York Road, the property benefits from a convenient setting with strong road connections for commuters, close proximity to schools, and a range of local amenities. With a competitive price and high rental yield, this property is an attractive investment opportunity.