Tees Street, Peterlee SR8 2 bed terraced house for sale

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Tees Street, Peterlee SR8 2 bed terraced house for sale

Tees Street, Peterlee, SR8
£50,000

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)

Description

This 2-bedroom mid-terrace house in Peterlee is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a modern kitchen, spacious lounge, and 2 bedrooms. Currently, it generates an annual gross income of £5100, which could be increased to £5688 with long-term tenants already situated. The tenants, who have lived in the property for several years, have consistently paid their rent and have no intentions of moving out. With its proximity to amenities and potential for rental returns, this property is a worthwhile addition to any investor's portfolio.