Seventh Street, Horden SR8 2 bed terraced house for sale

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Seventh Street, Horden SR8 2 bed terraced house for sale

Seventh Street, Horden SR8
£47,000

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 a fantastic investment opportunity, with a current annual gross income of £5400 and potential to increase to £7140 with a new owner. The property is well-maintained, featuring a modern kitchen, spacious lounge, and two bedrooms. With a tenant already in place, there is minimal risk and a smooth transaction process can be expected. The current tenants have a long-term lease and have consistently paid their rent, making this a worthwhile addition to an investor's portfolio. With the potential for increased rental income and a stable tenant, this property is an attractive option for those looking to expand their investment portfolio.