2 bedroom terraced house for sale

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2 bedroom terraced house for sale

19 Ashton Street, Peterlee, County Durham, SR8 3QQ
£30,000

Price History

Initial price £45,000
13/02/25 £30,000
Price Change -33.33%

Description

This 2-bedroom terraced house in Sunderland is being sold through an unconditional online auction on February 26th, 2025, with a guide price of £30,000 to £50,000 plus a 5% buyer's premium or a minimum of £5,000 plus VAT. The property is currently tenanted, generating £500 per month or £6,000 per year, with a projected gross yield of 12.77%. The property is well-maintained and located in a desirable rental area, close to transport links, local amenities, and employment hubs. The vendor is willing to provide a full legal pack for a quick purchase, with completion possible in as little as 28 days. The property offers a secure long-term tenancy with rental growth potential, making it an attractive investment opportunity for buy-to-let investors.