Tees Street, Peterlee SR8 2 bed terraced house for sale

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Tees Street, Peterlee SR8 2 bed terraced house for sale

Tees Street, Peterlee, SR8
£46,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 2-bedroom mid-terrace house in Peterlee is an attractive investment opportunity, with a tenant currently in situ and generating an annual gross income of £5,100. The property, which features 2 bedrooms, a modern kitchen, and a spacious lounge, has the potential to increase its rental income to £5,688 with long-term tenants already in place. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a fantastic opportunity for those looking to expand their property portfolio. The current tenants have a good track record of paying their rent on time and have no intention of moving out, making for a smooth transaction process and maximum commitment to the sale.