2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Tees Street, Peterlee SR8
£48,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This 2-bedroom house in Peterlee is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a lounge, kitchen, and three-piece bathroom. Currently, it generates an annual gross income of £5,100, which could be increased to £6,600 with the new owner. The property has a tenant already in situ, who has been renting for several years and has a good payment history, with no intention of moving out. With its proximity to amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.
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