**Standout Features:**
- **Three spacious bedrooms:** Perfect for families or investors.
- **Current rental income:** Tenant in-situ paying £550 per month.
- **Freehold property:** Independence and long-term value.
- **Victorian charm:** Traditional brick façade with modern interior touches.
- **Convenient location:** Close to local amenities and easy access to the A19.
**Concerns:**
- **Property condition:** Requires maintenance and potential updates; specifics not detailed.
- **High crime rate:** Might affect appeal depending on buyer priorities.
- **Small plot size:** Limited outdoor space may not suit everyone.
This charming three-bedroom terraced home on South Terrace in Horden offers a unique opportunity for investors or first-time buyers looking for a rental-ready property. With a secure tenant in place paying £550 per month, the property promises steady rental income. The home features a traditional Victorian brick façade, modern interiors, and ample living space across five rooms, including a welcoming lounge, dining room, and functional kitchen.
Conveniently located just a mile from the bustling center of Peterlee, you will have easy access to shops, restaurants, and major transportation routes for effortless commuting. While the property does exhibit potential maintenance needs and is situated in an area of high crime, its freehold status and rental potential make it an attractive investment.
Don’t miss this chance to own a piece of real estate in a growing area—inquire today and envision the possibilities this property holds for your future!