Summary -
6 Twelfth Street,PETERLEE,SR8 4QH
SR8 4QH
3 bed 1 bath Terraced
**Standout Features:**
- 3-bedroom mid-terraced house with traditional red brick facade
- Generating current rental income of £6,000 annually, potential for increase
- Tenants in place, providing immediate investment stability
- Private rear garden and on-street parking
- Located in close proximity to amenities and public transport
**Potential Concerns:**
- Located in an area with high crime rates
- Deprivation levels are notably high in the local community
Discover a promising investment opportunity in this classic Victorian terraced house on Twelfth Street, Horden, Peterlee. Boasting a 3-bedroom layout and attracting serious investor interest, this property is currently tenanted, ensuring a solid annual gross income of £6,000, with the potential to rise to £6,576, reflecting strong market demand. The residence features a living room, fully equipped kitchen, and a three-piece bathroom, alongside a private rear garden and the convenience of on-street parking.
While the area does face challenges such as high crime rates and overall deprivation, the strategic positioning near essential amenities and good transport links makes it appealing for buy-to-let enthusiasts. This house offers investors the chance to expand their portfolio in a region where housing demand remains strong. With tenants wishing to remain, your investment is poised for immediate returns—act fast as such opportunities are not available for long!
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