Dixon Rise, Horden SR8 3 bed terraced house for sale

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Dixon Rise, Horden SR8 3 bed terraced house for sale

Dixon Rise, Horden SR8
£85,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 3-bedroom terrace house in Peterlee is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, three-piece bathroom, wc, and rear garden space. Currently, it produces an annual gross income of £6,000, which could be increased to a market rate of £7,500 with the right tenant. The current tenants have been consistent in their rent payments and have no plans to move out, making it an ideal situation for a new owner. With its valuable amenities nearby and potential for increased rental returns, this property presents a worthwhile addition to an investor's portfolio.