2 bed terraced house for sale

West Avenue, Peterlee SR8

2 Bedroom Mid-Terrace Property – Easington Colliery

Investment Opportunity – Sold with Sitting Tenant – £73,000

Offered to the market is this two-bedroom mid-terrace property located in the popular village of Easington Colliery. The property is being sold with a sitting tenant currently paying £465 per calendar month, making it an attractive ready-made investment opportunity for landlords looking to add to their portfolio with immediate rental income.

The property offers well-proportioned accommodation throughout, including two good-sized bedrooms, making it appealing to long-term tenants and future buyers alike.

The accommodation briefly comprises an entrance hallway, spacious living room, and kitchen to the ground floor. To the first floor there are two generous bedrooms and a family bathroom.

Externally, the property benefits from an enclosed garden to the front, providing outdoor space, along with a private yard to the rear.

Further benefits include a recently fitted new roof and boiler, offering reassurance for investors and reducing the likelihood of major maintenance costs in the near future.

The property is conveniently located close to local amenities, schools, and transport links, with easy access to surrounding towns and the coast.

Guide Price: £73,000

Early viewing is recommended to fully appreciate the investment potential this property has to offer.

Property Ownership Information

Tenure

Freehold

Council Tax Band

A

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.