South Crescent, Peterlee SR8 2 bed semi

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South Crescent, Peterlee SR8 2 bed semi

South Crescent, Peterlee SR8
£52,500

Price History

Initial price £60,000
02/09/25 £65,000
10/09/25 £60,000
14/10/25 £54,500
28/10/25 £52,500
Price Change -12.50%

Description

This 2-bedroom semi-detached house in Peterlee offers a fantastic investment opportunity for those looking to expand their portfolio. With a tenant already in residence, the property currently generates an annual gross income of £5,400, and its purchase price and potential rental income make it a worthwhile addition to an investor's portfolio. The property features two bedrooms, a lounge, kitchen with dining room, and three-piece bathroom, as well as on-street parking and private front and rear gardens. The current tenants have been paying their rent on time and have no plans to move out, making for a smooth and hassle-free transaction. With its convenient location and strong potential for rental returns, this property is an attractive option for investors looking to grow their portfolio.