Seaside Lane, Easington, Peterlee... 3 bed terraced house for sale

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Seaside Lane, Easington, Peterlee... 3 bed terraced house for sale

Seaside Lane, Easington, Peterlee, County Durham, SR8
£89,950

Our Summary

  • Welcome to this versatile and unique property, presenting an exceptional investment opportunity for both seasoned investors and growing families
  • With the right planning permission and licensing, there's excellent HMO potential for 5-6 bedrooms, generating between £1,750 and £2,400pcm
  • Don't miss the chance to add this income-generating asset to your portfolio – contact us today to schedule a viewing and unlock its full potential
  • INVESTMENT OPPORTUNITY
  • Investment opportunity

Description

This unique property offers a versatile investment opportunity, with a mix of residential and commercial spaces that can be utilized in various ways. Previously a mixed-use property, it now has a fully residential layout, with separate areas that can be rented out, generating a potential income of £1,400 per month. With the right planning permission and licensing, there's also potential to convert it into a 5-6 bedroom HMO, generating between £1,750 and £2,400 per month. The property features a spacious reception room, generous living kitchen, and a large garage/workshop with storage potential. Its prime location in Easington Colliery, with easy access to the A19 and proximity to Peterlee, ensures consistent demand for both residential and commercial spaces, making it a lucrative prospect for investors.
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