3 bed end of terrace house to buy in SR8

3 bed end of terrace house to buy in SR8

ONLINE AUCTION ... We are delighted to present to the market this three-bedroom end-terrace property, offered with NO ONWARD CHAIN, and situated within the popular residential community of Horden, Peterlee. Occupying a larger-than-average end plot, this property represents an excellent turnkey investment opportunity, while also appealing to first-time buyers and families.

The accommodation briefly comprises a welcoming entrance porch, two spacious reception rooms providing flexible living space, and a well-appointed kitchen with ample storage and preparation areas and a modern family bathroom. To the first floor are three well-proportioned bedrooms, all good sizes and benefiting from good levels of natural light.

Externally, the property enjoys a generous end plot, offering an attractive and well-maintained front and rear aspects that sits comfortably within the surrounding street scene and provides additional outdoor space when compared to mid-terrace homes.

For investors, the property offers an achievable rental income of approximately £650 per calendar month, equating to an impressive 10.4% annual rental yield, making it a highly attractive addition to any rental portfolio. The benefit of no onward chain further enhances its appeal, allowing for a smooth and efficient purchase process.

The property is conveniently located close to a range of local amenities, schools, and transport links, helping to ensure consistent tenant demand.

In summary, this is a chain-free, income-generating investment opportunity, enhanced by a larger end plot, and early viewing is strongly recommended.