South Crescent, Peterlee SR8 2 bed semi

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South Crescent, Peterlee SR8 2 bed semi

South Crescent, Peterlee, SR8
£60,000

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 is a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and already has a tenant in residence, generating an annual gross income of £5,400. With a strong potential for rental returns, this property offers a worthwhile addition to an investor's portfolio. The current tenants have been residing in the property for a year and wish to continue their tenancy, ensuring a smooth transition for the buyer. With its private front and rear gardens, on-street parking, and three-piece bathroom, this property offers a great balance of functionality and livability.