3 bedroom terraced house for sale

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3 bedroom terraced house for sale

117 Lancaster Hill, Peterlee, County Durham, SR8 2EQ
£30,000

Price History

Initial price £40,000
11/06/25 £30,000
Price Change -25.00%

Description

For sale by unconditional online auction on June 25th, 2025, is a three-bedroom end-terrace house in Peterlee, SR8 2EQ, with a sitting tenant, generating a steady income. The property, located close to key transport links, shops, and amenities, is being sold with a full legal pack, allowing for a quick and hassle-free purchase. The current tenant is already in situ, providing a guaranteed income stream. The property offers a range of investment opportunities, including buy-to-let, HMO, serviced accommodation, and flipping. With a projected gross yield and potential for capital growth, this turn-key investment opportunity is expected to generate strong returns for the buyer. With a completion period of just 28 days, this property is an attractive option for investors looking for a smooth and secure purchase.