Summary - 36 GRISEDALE ROAD PETERLEE SR8 5PG
3 bed 1 bath House
**Standout Features:**
- **Instant 13% Yield**: Current tenants in place paying £650 PCM.
- **3 Bedrooms**: Spacious and family-friendly layout.
- **Large Garden**: Wrap-around garden offers outdoor potential.
- **Well-Sized Rooms**: Includes a kitchen, lounge, dining room, and conservatory.
- **Excellent Location**: Close to Seascape Primary School and shopping amenities.
- **Gas Central Heating and Double Glazing**: Comfort and efficiency assured.
**Concerns:**
- **Non-Standard Construction**: Consult mortgage lender for financing options.
- **High Crime Rate in the Area**: Potential concern for safety.
- **Modest Plot Size**: May feel limited for outdoor activities.
Discover a great investment opportunity with this spacious 3-bedroom semi-detached house in a sought-after residential area in Peterlee. Currently generating an impressive 13% yield with tenants in situ, this property offers immediate returns, making it ideal for both seasoned investors and first-time buyers seeking stability. Enjoy a generous wrap-around garden, perfect for family leisure, alongside a bright conservatory that enhances living space.
The home's interior features a practical layout with a well-sized kitchen, lounge, and dining areas, alongside three comfortable bedrooms and a family bathroom. While the property does face some considerations, including its non-standard construction and surrounding area's crime rate, its proximity to quality local schools and amenities adds to its value. This property presents both a solid investment prospect and a desirable living space within a developing community. Don't miss out on this rare chance to secure a lucrative rental property!
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