York Road, Peterlee, Durham, SR8 2DP 3 bed flat for sale

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York Road, Peterlee, Durham, SR8 2DP 3 bed flat for sale

York Road, Peterlee, Durham, SR8 2DP
£40,000

Our Summary

  • No Upper Chain | Town Central Location | Excellent Road Links | Access to Schools & Local Amenities | Competitively Priced | High Rental YieldSOLD VIA ONLINE AUCTION
  • The property also presents an attractive investment opportunity, with a potential rental income of £550pcm – equating to an impressive annual yield of approximately 16

Description

This property, located in the village of Peterlee, offers an excellent opportunity for first-time buyers, downsizers, or investors. With a town central location and excellent road links, it's perfectly suited for commuters. The property benefits from uPVC double glazing and gas central heating, and its floor plan features a private entrance hallway, kitchen/dining room, lounge with balcony, three well-proportioned bedrooms, a bathroom, and a separate WC. With a potential rental income of £550pcm and an impressive annual yield of approximately 16.5%, it presents an attractive investment opportunity. The property is situated in a convenient setting with strong road connections, close to schools and local amenities, making it an ideal purchase for those looking for a great value property.