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2 bedroom end of terrace house for sale
Sixth Street Horden, Peterlee, SR8
£37,000
Sixth Street Horden, Peterlee, SR8
£37,000
Our Summary
- Offering an impressive net rental yield of 12%, this 2-bedroom terraced property on the Horden coast presents an exceptional investment opportunity
- Priced below market value and requiring modernisation, it provides the perfect chance for savvy investors to add value and maximise returns
- Situated in the SR8 4JX area, this property offers convenient access to a range of local attractions and transport links, enhancing its appeal to potential tenants
- All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions
Description
This 2-bedroom terraced property on the Horden coast is an exceptional investment opportunity, offering a 12% net rental yield. Priced below market value and requiring modernisation, it presents a chance for savvy investors to add value and maximise returns. The property features a spacious living room and well-equipped kitchen on the ground floor, with two generously sized double bedrooms and a main bathroom upstairs. The property also boasts a private rear courtyard, providing a versatile outdoor space. Located in the SR8 4JX area, it offers convenient access to local attractions, transport links, and recreational opportunities, making it an attractive option for potential tenants. With a £4,000 deposit and a non-refundable Reservation Fee of £450 inc VAT required upon acceptance of an offer, this property is not expected to remain on the market for long, and early viewing is highly recommended.