1 bedroom semi-detached house for sale

>

1 bedroom semi-detached house for sale

Barsloan Grove, Peterlee, County Durham, SR8
£102,000

Price History

Initial price £110,000
02/11/24 £108,000
08/11/24 £106,000
18/11/24 £104,000
22/11/24 £102,000
Price Change -7.27%

Description

This 2-bedroom semi-detached house in Peterlee is a fantastic investment opportunity, with a tenant already in place and generating an annual gross income of £6,600. The property is well-kept and features a lounge, kitchen, rear garden space, and garage. While the current rent is £6,600, it has the potential to be increased to a market rate of £7,248, making it a worthwhile addition to an investor's portfolio. The tenants have been in the property for several years and have consistently paid their rent, with no intention to move out, allowing for a smooth transition and maximum commitment to the sale.