Summary - 7 THIRTEENTH STREET HORDEN PETERLEE SR8 4QP
3 bed 1 bath Terraced
**Standout Features:**
- Price: £50,000—affordable investment opportunity.
- No onward chain, allowing for swift transactions.
- Potential rental return of £450 per month.
- Freehold tenure with very low council tax band A.
- Three double bedrooms and a traditional living room with potential for modernization.
**Concise Summary:**
This three-bedroom Victorian terraced property on Thirteen Street, Peterlee, presents an attractive investment opportunity at just £50,000 and is chain-free for quick sale. With a solid layout featuring a spacious lounge, kitchen, and downstairs bathroom, it’s perfect for families or first-time buyers seeking affordable living. The three double bedrooms upstairs cater to family needs, while the low-maintenance courtyard offers a charming outdoor space.
Ideal for investors, this property boasts a potential rental return of £450 per month, bolstered by its proximity to several "Good"-rated local schools. Though the area faces economic challenges with a high crime rate and overall deprivation, it benefits from excellent mobile signal and fast broadband speeds, providing a connectivity advantage.
The home is constructed from durable materials typical of its era (1900-1929) and includes double glazing for energy efficiency. However, the property may require some modernization to reach its full potential. With council tax being very low, this could be an affordable opportunity to step into the rental market or secure a family home in a city setting. Don't miss out on this rare opportunity; properties like this do not remain available for long!
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