2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Tees Street, Peterlee, SR8
£49,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom mid-terrace house in Peterlee is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features two bedrooms, a modern kitchen, and a spacious lounge. It currently generates an annual gross income of £5,100, which could be increased to £5,688 with a new owner. The current tenants, who have been living in the property for several years, have consistently paid their rent and have no intention of moving out. With a tenant already in situ, the property offers a hassle-free investment opportunity with potential for increased returns.