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3 bedroom terraced house for sale
117 Lancaster Hill, Peterlee, County Durham, SR8 2EQ
£50,000
117 Lancaster Hill, Peterlee, County Durham, SR8 2EQ
£50,000
Our Summary
- Guide Price £50,000 - £60,000 For sale by unconditional online auction on the 29th of May 2025
- Turn-Key Investment Opportunity - 3 Bed End Terraced House With Sitting Tenant Description Three Bedroom End Terraced House for Sale With A Sitting Tenant Property Overview Location: 117 Lancaster Hill, Peterlee, SR8 2EQ Property Type: End Terrace House Bedrooms: 3 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
Description
This property is a three-bedroom end-terraced house located in Peterlee, with a sitting tenant in place, making it a turn-key investment opportunity. The property is being sold by unconditional online auction on May 29th, with registration now open and bidding opening at 10:00 and closing at 13:15. The property is close to key transport links, shops, and amenities, and comes with a full legal pack available for quick purchase, with completion expected to take place in as little as 28 days. The property has a projected gross yield and potential for capital growth, making it an attractive option for buy-to-let investors, HMO strategies, serviced accommodation, or a flip opportunity. With a thriving rental market in the area, this property offers a promising long-term value and appreciation, making it an excellent investment opportunity for those looking to secure a steady income stream.