2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Cumbrian Way, Peterlee, Durham, SR8 5PT
£50,000

Price History

Initial price £52,000
25/04/24 £50,000
Price Change -3.85%

Description

This two-bedroom terraced home in Peterlee is being sold via online auction until May 22nd, 2024, with fees applying. The property offers an investment opportunity with an immediate rental income of £450 per month, resulting in a rental yield of 9.39%. The sitting tenant has no rent arrears, and the property is well-kept. The accommodation comprises an entrance hall, spacious lounge, kitchen diner with fitted wall and base units and integrated appliances, two bedrooms, and a family bathroom with a three-piece suite. The property also features an open plan front elevation, a private enclosed garden, and allocated parking. The property is Council Tax Band A and is freehold.