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3 bedroom terraced house for sale
Twelfth Street, Peterlee, County Durham, SR8
£57,500
Twelfth Street, Peterlee, County Durham, SR8
£57,500
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 3-bedroom terrace house in Peterlee is a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained home features three bedrooms, a three-piece bathroom, spacious lounge, kitchen, and rear garden space, and currently produces an annual gross income of £6,000. With tenants already situated and willing to stay, the new owner has the potential to increase the rental income to a market rate of £6,600, making it a worthwhile addition to an investment portfolio. The property offers a smooth transaction process, and the current tenants have consistently paid their rent, making it an attractive option for investors looking for a reliable and profitable investment.