Twelfth Street, Horden SR8 3 bed terraced house for sale

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Twelfth Street, Horden SR8 3 bed terraced house for sale

Twelfth Street, Horden SR8
£58,000

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 3-bedroom terrace house in Peterlee is a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features a spacious lounge, kitchen, and rear garden, and is currently producing an annual gross income of £6,000. With the potential to increase the rent to a market rate of £6,600, this property offers a worthwhile addition to an investor's portfolio. The current tenants have been consistently paying their rent and have no intentions of moving out, making for a smooth transition. With a Let Property Pack available for further detail, this property is an excellent chance for investors to secure a reliable and lucrative rental income.