Summary - 50, Twelfth Street, PETERLEE SR8 4QH
3 bed 1 bath Terraced
**Standout Features:**
- 3 bedrooms, 1 bathroom
- Currently tenanted with reliable long-term tenants
- Annual gross rental income of £6,000, potential to increase to £6,600
- Spacious lounge, kitchen, and rear garden space
- Freehold tenure with good mobile signal and fast broadband
- Conveniently located near local amenities and schools
**Summary:**
Investors looking for a buy-to-let opportunity will find this 3-bedroom terraced house in Peterlee particularly enticing. With a dependable tenant already in place, this property provides immediate cash flow and the potential for enhanced rental income. The residence features a spacious lounge, practical kitchen, and a rear garden, ideal for families or as a long-term investment.
Although located in an area classified as deprived with a high crime rate, the proximity to essential amenities, including schools with good Ofsted ratings and local shopping options, adds significant value. This home is priced affordably at £60,000, offering a wonderful chance to secure an affordable investment property. With the option for refinements or renovations, this home not only promises immediate returns but also future potential. Don’t miss out on this opportunity to add a solid asset to your portfolio!
2 bedroom terraced house for sale in Ninth Street, Peterlee, SR8 — £45,000 • 2 bed • 1 bath • 775 ft²
2 bedroom terraced house for sale in Tees Street, Peterlee, SR8 — £49,000 • 2 bed • 1 bath • 775 ft²
3 bedroom terraced house for sale in Twelfth Street, Peterlee, SR8 — £60,000 • 3 bed • 1 bath
2 bedroom terraced house for sale in Seventh Street, Peterlee, SR8 — £45,000 • 2 bed • 1 bath • 721 ft²
2 bedroom semi-detached house for sale in South Crescent, Peterlee, SR8 — £65,000 • 2 bed • 1 bath • 689 ft²
3 bedroom end of terrace house for sale in Argent Street, Peterlee, County Durham, SR8 — £46,000 • 3 bed • 1 bath • 915 ft²
