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2 bedroom apartment for sale
Sledmere Close, Peterlee
£20,000
Sledmere Close, Peterlee
£20,000
Price History
Initial price | £22,950 |
09/12/23 | £20,000 |
Price Change | -12.85% |
Description
Attention investors! This ground-floor unit in a four-flat building is up for auction sale and offers promising potential with a steady income stream. The property requires some refurbishment to meet modern standards but comes with a long-term sitting tenant who pays £390 per month. The flat features a compact entrance with a storage cupboard, a lounge area in need of window glass replacement, a kitchen with wall and base units, wood effect flooring, and additional storage space. The bathroom is decked in white and features a sink, W/C, bath, flooring, a radiator, and a frosted window. The two bedrooms are fitted with laminate, radiators, and windows, and have the potential to be personalized or upgraded to increase rental income. The property is sold with vacant possession at auction and exchanges immediately with completion within 28 days, with a 10% non-refundable deposit required on exchange.