Summary - 50, Twelfth Street, PETERLEE SR8 4QH
3 bed 1 bath Terraced
Immediate rental income with modest uplift potential for investors.
Long-term tenant in situ with consistent rent payments
Freehold 3-bed terrace, 926 sq ft, small rear garden
Current gross income £6,000; potential market rent ~£6,600
Area classed very deprived; higher-than-average local crime
Good mobile signal and fast broadband; no flood risk
Small plot; limited extension potential without consents
Buyer’s Premium applies to secure purchase
Suitable for investors; not ideal for immediate vacant-possession buyers
A three-bedroom terraced house in Peterlee offered as a buy-to-let with a long-term tenant in place. The property is freehold, of average overall size (926 sq ft), and includes a spacious lounge, kitchen, three-piece bathroom and a small rear garden. Broadband speeds and mobile signal are good, and there is no flood risk for the site.
This is primarily an investment opportunity: the property currently produces a gross annual income of £6,000, with a realistic uplift to around £6,600 at market rent. The tenant is settled and intends to remain, which offers immediate income but limits vacant-possession options for owner-occupiers or developers seeking to refurbish straight away. A Let Property Pack is available for detailed tenancy and income documents.
Location is convenient for local amenities, supermarkets and several primary and secondary schools rated Good by Ofsted. The area is classified as very deprived and records higher-than-average crime, which will affect tenant demand and long-term capital growth. The small plot and terraced layout limit extension potential without planning checks.
For investors this property offers hands-off, immediate yield at a low purchase price, with modest rent-upside. For buyers seeking low-risk owner-occupation or large refurbishment scope, the tenancy, area profile and compact plot are significant considerations.
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