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3 bedroom terraced house for sale
Seaside Lane, Easington Colliery, Peterlee, Durham, SR8
£99,950
Seaside Lane, Easington Colliery, Peterlee, Durham, SR8
£99,950
Price History
Initial price | £120,000 |
11/01/24 | £99,950 |
Price Change | -16.71% |
Description
This versatile residential property in Easington Colliery presents a lucrative investment opportunity with income potential. The property, once a mixed commercial/residential space, has been reclassified as fully residential, offering three separate rental income streams. The ground floor unit is currently rented for £600 per month, while the first floor unit is rented for £300 per month. The property features a spacious reception room, a well-equipped kitchen, a ground floor WC, two comfortable bedrooms, and a modern bathroom. Additionally, there is a significant garage/storage unit at the rear with hot and cold running water, sink, and extractor fan. The property's prime location near the A19 and proximity to Peterlee make it an attractive choice for tenants or future buyers. With the right permissions, the property can generate a reliable source of income for investors.