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, Peterlee SR8
£82,500

Price History

Initial price £90,000
27/11/24 £78,000
29/11/24 £76,000
13/12/24 £74,000
20/12/24 £72,000
02/01/25 £80,000
09/01/25 £78,000
16/01/25 £76,000
31/01/25 £74,000
27/02/25 £72,000
12/03/25 £80,000
19/03/25 £78,000
26/03/25 £85,000
02/04/25 £83,000
09/04/25 £81,000
19/04/25 £79,000
30/04/25 £77,000
08/05/25 £85,000
22/05/25 £82,500
Price Change -8.33%

Description

This 3-bedroom terrace house in Peterlee is an attractive investment opportunity for those looking to expand their portfolio. The well-maintained property features a lounge, kitchen, three-piece bathroom, and wc, as well as a storage room, porch, and rear garden space. Currently, the property produces an annual gross income of £6,000, which has the potential to increase to £7,500 with the right tenant. The current tenants, who have been paying rent consistently, have no intention of moving out, making it an ideal situation for investors. With a valuable location and rewarding rental returns, this property is a fantastic addition to any portfolio.