3 bed terraced house to buy in SR8

3 bed terraced house to buy in SR8

Situated within the popular village of Horden, Peterlee, this spacious three-bedroom link terraced home presents an excellent opportunity for investors, developers, or buyers seeking a refurbishment project with significant potential. Offering generous living accommodation throughout, the property is ideally suited to those looking to add value, with an anticipated resale value of approximately £75,000–£85,000 once modernised.

Requiring a degree of modernisation, the property provides fantastic potential for improvement and strong investment prospects. Estimated achievable rental income is approximately £675 PCM, offering an attractive yield for buy-to-let investors. Recent works carried out include new fascias all round, a new canopy above the front door, laminate flooring, and some repointing works.

The accommodation briefly comprises an entrance hallway with useful storage space, a convenient downstairs W/C, a spacious open-plan lounge and dining area ideal for family living, and a kitchen providing access to the rear garden. To the first floor are three well-proportioned bedrooms along with a family bathroom/W.C.

Externally, the home benefits from gardens to both the front and rear, offering excellent outdoor space with scope for further improvement and landscaping, plus ample in street parking.

Ideally positioned close to local schools, shops, amenities, and transport links, the property is also offered with no onward chain for a straightforward purchase process. Early viewing is highly recommended to appreciate the potential on offer.