Dixon Rise, Horden SR8 3 bed terraced house for sale

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Dixon Rise, Horden SR8 3 bed terraced house for sale

Dixon Rise, Horden SR8
£85,000

Price History

Initial price £90,000
16/11/24 £80,000
22/11/24 £78,000
29/11/24 £76,000
13/12/24 £74,000
20/12/24 £72,000
02/01/25 £80,000
10/01/25 £78,000
16/01/25 £76,000
30/01/25 £74,000
27/02/25 £72,000
13/03/25 £80,000
20/03/25 £78,000
27/03/25 £85,000
02/04/25 £83,000
09/04/25 £81,000
19/04/25 £79,000
01/05/25 £77,000
08/05/25 £85,000
Price Change -5.56%

Description

This 3-bedroom terrace house in Peterlee is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, three-piece bathroom, wc, and rear garden space. Currently, it produces an annual gross income of £6,000, which could be increased to a market rate of £7,500 with the right tenant. The current tenants have been consistent in their rent payments and have no plans to move out, making it an ideal situation for a new owner. With its valuable amenities nearby and potential for increased rental returns, this property presents a worthwhile addition to an investor's portfolio.