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4 bedroom link detached house for sale
Lancaster Hill, Peterlee, SR8
£63,500
Lancaster Hill, Peterlee, SR8
£63,500
Price History
Initial price | £75,000 |
17/12/24 | £70,000 |
05/01/25 | £65,000 |
21/03/25 | £63,500 |
Price Change | -15.33% |
Description
This four-bedroom house in Peterlee is being sold as a buy-to-let investment opportunity, with existing tenants in situ generating £650 per calendar month in rental income. The property benefits from a freehold tenure and is located in a popular area with easy access to local amenities, schools, and the town centre. The property features a downstairs reception room, kitchen, and back garden/patio area, as well as four bedrooms and a family bathroom upstairs. With potential to increase the rental income to £695 per month, this property presents a lucrative investment opportunity for buy-to-let investors.