3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Dixon Rise, Peterlee, County Durham, 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)

Description

This 3-bedroom terrace house in Peterlee offers a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features three bedrooms, a three-piece bathroom and wc, lounge, kitchen, storage room, porch, and rear garden space. Currently producing an annual gross income of £6,000, the property has the potential to increase its rental returns to a market rate of £7,500 with the new owner. The current tenants, who have consistently paid their rent, are eager to remain in the property, making for a smooth transition. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.