Lancaster Hill, Peterlee, Durham, SR8... 2 bed terraced house for sale

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Lancaster Hill, Peterlee, Durham, SR8... 2 bed terraced house for sale

Lancaster Hill, Peterlee, Durham, SR8 2EH
£50,000

Price History

Initial price £60,000
20/02/25 £55,000
30/05/25 £50,000
Price Change -16.67%

Description

This is a tenanted investment property located on Lancaster Hill in Peterlee, offering a rental income of £525 per calendar month, resulting in a yield of over 10%. The property is fully managed by Pattinson, ensuring no rent arrears and a well-maintained property. The two-bedroom mid-terraced property features an entrance hall, lounge, kitchen, bathroom, and two double bedrooms, with an enclosed rear courtyard and playing fields to the front. All necessary certificates are in place, and the property is sold with no chain.