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2 bedroom terraced house for sale
19 Ashton Street, Peterlee, County Durham, SR8 3QQ
£30,000
19 Ashton Street, Peterlee, County Durham, SR8 3QQ
£30,000
Our Summary
- Guide Price £30,000 - £50,000 * PLUS 5% BUYERS PREMIUM OR MINIMUM OF £5000 + VAT For sale by unconditional online auction on the 26th of February 2025
- Investment Opportunity High-Yield 2-Bed Buy-to-Let (BTL) Property Description Property Overview Location: 19 Ashton Street, SR8 3QQ Property Type: 2-Bed Terraced House Bedrooms: 2 Bathrooms: 1 Tenure: Freehold Tenancy Status: Currently Tenanted Can Be Vacant Upon Purchase Investment Strategy: Buy-to-Let (BTL) Key Features Excellent Yield Potential Projected 12
- 77% Potential for Capital Growth: Medium Value-Add Potential: Secure long-term tenancy with rental growth potential
- Capital Growth Potential: Strong rental market with potential for future appreciation
- 77% at Market Rent Desirable Rental Location with Consistent Demand No Chain Fast, Hassle-Free Completion Available Low Maintenance, Turnkey Investment Opportunity Interested
Description
This 2-bedroom terraced house in Sunderland is being sold through an unconditional online auction on February 26th, 2025, with a guide price of £30,000 to £50,000 plus a 5% buyer's premium or a minimum of £5,000 plus VAT. The property is currently tenanted, generating £500 per month or £6,000 per year, with a projected gross yield of 12.77%. The property is well-maintained and located in a desirable rental area, close to transport links, local amenities, and employment hubs. The vendor is willing to provide a full legal pack for a quick purchase, with completion possible in as little as 28 days. The property offers a secure long-term tenancy with rental growth potential, making it an attractive investment opportunity for buy-to-let investors.