2 bedroom terraced house for sale

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2 bedroom terraced house for sale

60 Grisedale Road, Peterlee, County Durham, SR8 5PQ
£40,000

Price History

Initial price £50,000
19/06/25 £40,000
Price Change -20.00%

Description

This is a two-bedroom mid-terrace house in Peterlee, SR8 5PQ, offered for sale by unconditional online auction on June 25, 2025. The property is fully let, generating immediate rental income, and is situated in a well-connected location close to transport links, shops, and amenities. The property comes with a full legal pack, allowing for a seamless purchase, and has the potential for quick completion in as little as 28 days. The projected investment figures include a gross yield and potential for capital growth, making it an attractive opportunity for buy-to-let investors. The property also offers potential for HMO conversion, serviced accommodation, or a flip opportunity, providing flexibility for investors to maximize their returns. With a high-demand rental market and long-term appreciation and growth prospects, this property is an excellent investment opportunity for those looking to generate passive income and capitalize on the property market.