>
3 bedroom terraced house for sale
117 Lancaster Hill, Peterlee, County Durham, SR8 2EQ
£40,000
117 Lancaster Hill, Peterlee, County Durham, SR8 2EQ
£40,000
Price History
Initial price | £50,000 |
15/05/25 | £40,000 |
Price Change | -20.00% |
Description
This is a turn-key investment opportunity for a 3-bedroom end-terraced house located in Peterlee, SR8 2EQ. The property is already let to a sitting tenant, providing a stable rental income. The property is close to key transport links, shops, and amenities, making it an attractive location for tenants. The sale includes a full legal pack, allowing for a quick and hassle-free purchase. The projected gross yield is not specified, but the property offers potential for capital growth and various investment strategies, including buy-to-let, HMO, serviced accommodation, and flipping. The seller is looking for a guide price of £40,000 to £60,000 and is willing to complete in as little as 28 days. With a thriving rental market and promising long-term value and appreciation, this property presents an attractive investment opportunity for those looking to generate passive income.