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2 bedroom terraced house for sale
85 Westmorland Rise, Peterlee, County Durham, SR8 2ER
£5,000
85 Westmorland Rise, Peterlee, County Durham, SR8 2ER
£5,000
Our Summary
- Guide Price £5,000 + For sale by unconditional online auction on the 30th of July 2025
- Investment Opportunity 2-Bed Mid-Terrace with Tenant in Situ Description Two Bedroom Mid Terraced House for Sale Property Overview Location: 85 Westmorland Rise, Peterlee, SR8 2ER Property Type: Mid Terrace House Bedrooms: 2 Bathrooms: 1 Tenure: Freehold Tenancy Status: Fully let Investment Strategy: Buy-to-Let Key Features Sold With A Tenant In Situ Close to Key Transport Links, Shops & Amenities Full Legal Pack Available for Quick Purchase Completion in as little as 28 Days Projected Investment Figures Rental Potential: Projected Gross Yield: Potential for Capital Growth Investment Strategy & Exit Options Buy-to-Let: Long-term passive income with stable rental returns
- Serviced Accommodation: Short-term rental potential for increased profits
- Growing rental market in a high-demand location Strong potential for long-term appreciation Hassle-free purchase with full legal pack available Secured sale with no chain & quick 28-day completion Interested
Description
This is an investment opportunity to purchase a 2-bedroom mid-terrace house located in Peterlee, SR8 2ER, with a tenant already in situ. The property is being sold by unconditional online auction on July 30th, 2025, with registration open and bidding opening at 10:00 and closing at 12:55. The property is a freehold and is let, offering a potential gross yield and potential for capital growth. The buyer can choose from various investment strategies, including buy-to-let, HMO, serviced accommodation, or flipping the property for a profit. The property is close to key transport links, shops, and amenities, and the seller is offering a full legal pack for a quick purchase with completion in as little as 28 days. With its growing rental market and strong potential for long-term appreciation, this property presents a secure investment opportunity for those looking to add to their portfolio.