Dixon Rise, Horden SR8 3 bed terraced house for sale

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Dixon Rise, Horden SR8 3 bed terraced house for sale

Dixon Rise, Horden SR8
£79,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 3-bedroom terrace house in Peterlee is a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features three bedrooms, a three-piece bathroom, lounge, kitchen, storage room, porch, and rear garden space. Currently, it produces an annual gross income of £6,000, which could be increased to £7,500 with the right management. The property has a tenant already in situ, who has consistently paid rent and has no intention of moving out, making for a hassle-free investment. With a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to grow their rental income.