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2 bedroom terraced house for sale
60 Grisedale Road, Peterlee, County Durham, SR8 5PQ
£50,000
60 Grisedale Road, Peterlee, County Durham, SR8 5PQ
£50,000
Our Summary
- Guide Price £50,000 - £60,000 For sale by unconditional online auction on the 29th of May 2025
- Two-Bedroom Mid-Terrace Investment Opportunity - Tenanted and Ready
- Description Property Overview: Address: 60 Grisedale Road, Peterlee, SR8 5PQ Type: Mid-Terrace House Bedrooms: 2 Bathrooms: 1 Tenure: Freehold Tenancy Status: Fully Let Investment Strategy: Buy-to-Let Key Features: Sold with Sitting Tenant Immediate Rental Income Well-Connected Location Close to Transport Links, Shops & Amenities Full Legal Pack Available for a Seamless Purchase No Chain Quick 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: Reliable passive income with stable returns HMO Conversion: Increased rental income potential Serviced Accommodation: Maximize profits through short-term rentals Flip Opportunity: Add value through refurbishment and resale Why Invest in This Property
- High-demand rental market Strong investment potential Long-term appreciation & growth prospects Hassle-free purchase Full legal pack included Speedy transaction No chain, 28-day completion Interested
Description
This two-bedroom mid-terrace house in Peterlee, SR8 5PQ, is up for sale by unconditional online auction on May 29th, 2025, with a guide price of £50,000-£60,000. The property is fully let and offers immediate rental income, with a sitting tenant in place. It is situated in a well-connected location close to transport links, shops, and amenities, making it an attractive investment opportunity. The property is being sold with a full legal pack, and there is no chain, allowing for a quick completion in as little as 28 days. The projected investment figures include a gross yield and potential for capital growth, making it suitable for a buy-to-let strategy or other investment options such as HMO conversion, serviced accommodation, or a flip opportunity. With its high-demand rental market, long-term appreciation, and hassle-free purchase, this property is an attractive investment opportunity for those looking to generate passive income or capitalize on the growing property market.