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Dixon Rise, Horden SR8 3 bed terraced house for sale
Dixon Rise, Peterlee, County Durham, SR8
£81,000
Dixon Rise, Peterlee, County Durham, SR8
£81,000
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 offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features three bedrooms, a three-piece bathroom, lounge, kitchen, storage room, porch, and rear garden space. Currently, the property generates an annual gross income of £6,000, which could be increased to £7,500 with new tenants. The current tenants, who have been living in the property and paying rent consistently, do not intend to move out, making for a smooth transition. With a purchase price that will yield a worthwhile return, this property is an attractive addition to any investor's portfolio.