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South Crescent, Peterlee SR8 2 bed semi
South Crescent, Peterlee, SR8
£52,500
South Crescent, Peterlee, SR8
£52,500
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom semi-detached house in Peterlee offers a fantastic investment opportunity for those looking to expand their portfolio. With a tenant already in residence, the property currently generates an annual gross income of £5,400, and its purchase price and potential rental income make it a worthwhile addition to an investor's portfolio. The property features two bedrooms, a lounge, kitchen with dining room, and three-piece bathroom, as well as on-street parking and private front and rear gardens. The current tenants have been paying their rent on time and have no plans to move out, making for a smooth and hassle-free transaction. With its convenient location and strong potential for rental returns, this property is an attractive option for investors looking to grow their portfolio.