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3 bedroom terraced house for sale
Pentland Close, Peterlee, Durham, SR8 2LA
£70,000
Pentland Close, Peterlee, Durham, SR8 2LA
£70,000
Price History
Initial price | £78,000 |
21/05/25 | £70,000 |
Price Change | -10.26% |
Description
This three-bedroom detached home in Peterlee is being sold via online auction, offering a lucrative investment opportunity with a long-term sitting tenant paying £600 per month, providing a strong 9% rental yield. The property is well-maintained and professionally managed by a local agent, with no rent arrears. The ground floor features a spacious entrance lobby, kitchen, and open-plan living/dining area, while the upstairs bedrooms are generously sized. The property also benefits from front and rear gardens, a detached garage, and a driveway to the rear, making it an attractive opportunity for investors seeking a hassle-free, income-generating asset.