3 bedroom terraced house for sale

>

3 bedroom terraced house for sale

117 Lancaster Hill, Peterlee, County Durham, SR8 2EQ
£5,000

Price History

Initial price £30,000
05/07/25 £5,000
Price Change -83.33%

Description

This property is a three-bedroom end-terrace house located in Peterlee, SR8 2EQ, available for sale by unconditional online auction on July 30, 2025. The property is currently let to a sitting tenant, offering a turn-key investment opportunity with a projected gross yield. The property is close to key transport links, shops, and amenities, and a full legal pack is available for a quick purchase. The estimated completion time is 28 days. The property has the potential for capital growth and can be invested in through various strategies, including buy-to-let, HMO, serviced accommodation, or flipping. The thriving rental market in the area and promising long-term value and appreciation make this property an attractive investment opportunity.