3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Twelfth Street, Peterlee, County Durham, SR8
£65,000

Price History

Initial price £70,000
29/11/24 £65,000
Price Change -7.14%

Description

This 3-bedroom terrace house in Peterlee is an attractive investment opportunity for those looking to expand their portfolio. The property features a well-kept interior with 3 bedrooms, a three-piece bathroom, spacious lounge, kitchen, and rear garden space. Currently, the property produces an annual gross income of £6,000, which could be increased to £6,600 with the new owner. The current tenants have been consistently paying their rent and have no intention of moving out, making this a stable and lucrative investment option. With a worthwhile addition to an investor's portfolio, this property presents a fantastic opportunity for those looking to capitalize on the rental market.