We are delighted to offer for sale this promising investment opportunity of a tenanted three bedroom mid terrace property situated on Heath Close, Peterlee. The current tenant is paying £500 per calendar month, providing immediate rental income. The town offers a range of amenities, including the Castle Dene Shopping Centre, which serves as the main retail area, providing a variety of well-known shops and restaurants. Peterlee is also well-connected, with a bus station offering services to nearby towns and cities, including Newcastle, Gateshead, Sunderland, Durham, South Shields, Houghton-le-Spring, Stockton, and Middlesbrough.
The property briefly comprises of entrance, hallway, lounge, kitchen, dining area, first floor landing, three bedrooms, bathrooms/wc, rear garden and seperate garage. The property also benefits from double glazing and gas central heating.
Externally the property benefits from a private rear garden and a front lawned garden.
Please contact your local branch to arrange internal inspection
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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