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1 bedroom semi-detached house for sale
Barsloan Grove, Peterlee, County Durham, SR8
£102,000
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.