This well-presented 2-bedroom terraced house in Peterlee, County Durham, is a fantastic investment opportunity with a long-term tenant in situ, paying £400 per month. The property benefits from a central heating system, is freehold, and has an EPC rating of C. The current rent is below the local market rate, providing scope for an increase to circa £450 per month. With an estimated gross yield of approximately 8.7% at the current rent and 9.8% at market rent, this property presents a strong buy-to-let investment. The property is located in a sought-after area with good transport links, including road access to nearby towns and a train station just 1.5 miles away. The property also benefits from on-street parking and is located in a low-risk flood and coastal erosion zone. This tenanted property provides an immediate income stream, making it a great option for investors looking to expand their portfolio.