This top-floor apartment in Peterlee is being sold via online auction and features two double bedrooms, a lounge with scenic views, a kitchen, bathroom, and double glazing and electric panel heating. With an achievable rental income of £450 per month, the property offers a 12.56% rental yield. Located on Nesbit Road, the property is within walking distance to the town center shops and amenities, as well as the A19 highway, providing easy access to regional centers. The property is leasehold to Believe Housing, with a 110-year lease and an annual charge of £190, which includes ground rent, service charge, and buildings insurance. With an EPC rating of C and Council Tax Band A, this property is a great investment opportunity.