Buckingham Road, Peterlee, Durham, SR8 2DT
About this home
Property Details: - Type: Semi-detached house - Bedrooms: 2 - Bathrooms: 1
Agent: Pattinson - Peterlee Phone: 0191 686 0136
CHAIN FREE | SOLD WITH SITTING TENANT | TURN-KEY TENANTED INVESTMENT | LONG-TERM TENANT | £550 PCM RENTAL INCOME | NO RENT ARREARS | WELL-MAINTAINED PROPERTY | TWO BEDROOM SEMI-DETACHED | ALLOCATED PARKING | PRIVATE GARDEN <br/> <br/>Pattinson Estate Agents are delighted to offer to the market this two-bedroom semi-detached property, representing an excellent turn-key investment opportunity and being sold with a sitting long-term tenant already in occupation. <br/> <br/>Currently generating £550 PCM (£6,600 per annum), the property offers investors the opportunity to acquire an income-producing asset with a long-term tenant in situ and no rent arrears. <br/> <br/>The property is well kept throughout and offers practical accommodation comprising a reception room, fitted kitchen, two bedrooms and a bathroom. Externally, there is a private garden together with allocated parking. <br/> <br/>Offered chain free, this is an attractive proposition for landlords seeking a straightforward acquisition with rental income from day one, avoiding the usual void period and initial tenant-finding costs associated with an empty investment property. <br/> <br/>Located in Peterlee, the property would make a valuable addition to an existing portfolio or an ideal starting point for an investor looking for a ready-to-go, tenanted investment. <br/> <br/>Current Rental Income: £550 PCM <br/>Annual Rental Income: £6,600 <br/>Tenant: Long-Term Sitting Tenant <br/>Rent Arrears: None<br/><br/>Council Tax Band: A <br/>Tenure: Freehold <br/>