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Summary Tenanted Three-Bedroom Semi-Detached Property - Horden, Peterlee - Tenanted Sale - 480 pcm | Auction | No Chain | Approx

6% Rental Yield An excellent investment opportunity, this three-bedroom semi-detached home is offered via auction with no onward chain

Located in the popular residential area of Horden, Peterlee, the property is currently tenanted and achieving 480 per calendar month, providing an immediate rental income with scope for future growth and improvement

Early viewing is highly recommended to fully appreciate the investment potential

Council Tax Band: A Tenure: Freehold Auctioneers Additional Comments Pattinson Auction are referred to below as The Auctioneer

This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer

The property is being sold via a transparent online auction

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction

Description

This three-bedroom semi-detached property in Horden, Peterlee, is being sold via auction with no chain and is currently tenanted, generating £480 per month in rental income. The property offers a strong rental yield of approximately 9.6% and has potential for future growth and improvement. The interior features a spacious reception room, fitted kitchen, and three well-proportioned bedrooms, while the exterior boasts a maintained garden area.

Located in a friendly neighborhood with local amenities and transport links, this property is an excellent investment opportunity for landlords or investors seeking steady rental returns. With its desirable North East location and current tenancy, early viewing is highly recommended to fully appreciate its potential.

Eden Street, Horden, Peterlee... 3 bed semi

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