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Newark Close, Peterlee, Durham, SR8 2AS 2 bed terraced house for sale
Newark Close, Peterlee, Durham, SR8 2AS
£60,000
Newark Close, Peterlee, Durham, SR8 2AS
£60,000
Our Summary
- Recently refurbished within the last 12 months, this well-maintained property combines traditional character with modern comforts, making it an ideal turnkey investment opportunity
- Early viewing is highly recommended to fully appreciate the quality and potential on offer
Description
This charming two-bedroom terraced house in Peterlee is being sold with a sitting tenant in place, paying £525 per month (£6,825 per year), yielding approximately 9.7%. The property has been recently refurbished within the last 12 months, combining traditional character with modern comforts. The tenant is highly recommended, has no rent arrears, and keeps the property well-maintained, providing peace of mind for any prospective landlord. The property features a bright reception room, conservatory, modern kitchen, two generously sized bedrooms, and a modern bathroom, all finished to a high standard. Situated in a popular residential area, the property is close to local amenities, schools, and transport links, making it an excellent opportunity for investors seeking a ready-made rental property with immediate income.