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2 Bed Terraced House, Single Let, Peterlee, SR8 4LZ £45,000

9 Ninth Street, Peterlee, SR8 2BN - 10 views - 10 months ago
  1. Deal Search
  2. Peterlee
  3. SR8
  4. SR8 4LZ
Under Offer
BTL
ROI: 16%
71 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Peterlee
  • More Deals in SR8
  • More Single Let Deals
  • More Single Let Deals in Peterlee
  • More Single Let Deals in SR8

Property History

Price changed to £45,000

May 15, 2025

Listed for £48,000

January 27, 2025

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • Spacious Lounge +
  • Modern Kitchen +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 Bedroom Mid-Terrace House located in Peterlee. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, a modern kitchen and a spacious lounge.

Investment details

It currently produces an annual gross income of £5400 which could be increased by the new owner to a market rate of £5688 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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