Noble Street, Peterlee SR8 3 bed property for sale

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Noble Street, Peterlee SR8 3 bed property for sale

Noble Street, Peterlee SR8
£55,000

Our Summary

  • An excellent investment opportunity located in a well-established residential area of Peterlee
  • This tenanted property offers immediate income potential with strong gross yields

Description

This three-bedroom mid-terrace property in Peterlee is an excellent investment opportunity, currently tenanted and generating a strong return on investment. The property features three bedrooms, one lounge, a fitted kitchen, family bathroom, and front and rear gardens, and is situated in a well-established residential area with easy access to local amenities. With a council tax band of A and a freehold tenure, the property offers a gross yield of approximately 10.8% and is suitable for halal mortgage structures. The area is well-connected, with convenient access to the A19, regular bus routes, and Durham train station. The property is close to several primary and secondary schools, making it an attractive option for families and working tenants. With immediate income potential and strong gross yields, this property is an excellent choice for both new and experienced investors.