3 bed terraced house to buy in SR8

3 bed terraced house to buy in SR8

Pattinson Estate Agents are delighted to welcome to the sales market this three-bedroom terraced investment opportunity, situated on Westmorland Rise in Peterlee.
This property is being sold with a tenant in situ, currently generating a reliable rental income of £550 per month (£6,600 per annum). For those looking to grow their portfolio, properties in this specific area of Peterlee consistently benefit from high rental demand and often deliver a strong rental yield, making this an incredibly stable addition to any professional or budding landlord's collection.
Property Features
Tenanted Investment: Immediate rental income from completion.
Three Bedrooms: Spacious accommodation across the first floor.
Two Reception Rooms: Includes a generous lounge and separate dining area.
Modern Kitchen: Fitted with a range of wall and base units.
Enclosed Garden: Private outdoor space to the rear elevation.
Gas Central Heating & Double Glazing: For energy efficiency and tenant comfort.
Freehold Tenure: Security of ownership with no ground rent.
Accommodation
Ground Floor: Entrance hallway leading to a bright and spacious lounge, a dedicated dining room, and a functional kitchen. The ground floor also benefits from a utility room.
First Floor: Three well-proportioned bedrooms and a family bathroom fitted with a three-piece suite.
Exterior: To the rear, there is an enclosed, low-maintenance garden. The property is ideally positioned close to local parkland and green spaces.
Location & Transport
Ideally located in the popular town of Peterlee, the property is within walking distance of local shops, supermarkets, and restaurants. Commuters benefit from excellent transport connections via the A19 and Horden Train Station.
Council Tax Band: A
EPC Rating: D
To arrange your internal viewing or for further investment details, please contact our Peterlee Branch