Tees Street, Peterlee SR8 2 bed terraced house for sale

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Tees Street, Peterlee SR8 2 bed 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)

Description

This 2-bedroom mid-terrace house in Peterlee is a fantastic investment opportunity, generating an annual gross income of £5,100 and with potential to increase to £5,688 with new tenants. The property is well-kept, featuring a modern kitchen and spacious lounge, and is currently occupied by long-term tenants who have consistently paid their rent and have no intention of moving out. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is an attractive option for those looking to expand their rental portfolio.