Affordable two-bedroom house with parking and long lease near schools and transport.
Newly renovated interior throughout
This two-bedroom end-of-terrace in Peterlee offers an affordable entry into homeownership with newly renovated interiors and useful off-street parking. At around 700 sq ft the layout includes a lounge, kitchen, bathroom and two bedrooms — practical accommodation for a first home or buy-to-let.
The property sits on a long lease (995 years) and will be sold at auction; the guide price is £38,000 and the sale requires a cash buyer. A buyer’s premium applies on purchase, and a Let Property Pack is available for investors considering rental income.
Location is convenient for local amenities, schools rated Good and regular bus links. Note the wider area is classified as deprived with above-average local crime rates — this may affect future resale or letting values. Overall, the house presents low-cost access to the market with clear scope for modest cosmetic or rental-driven improvements.
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