2 bed terraced house to buy in SR8

Allan Street, Peterlee, Durham, SR8 3QH

Brochure

£73,000

Bedrooms: x 2

Bathrooms: x 1

Receptions: x 1

Tenure: Freehold

Size: 743 sq ft / 69 sq m

Key Information

Council tax: Band A
EPC rating: D
Heating supply: Gas
Electricity: National Grid
Parking: On Street

Property features

Achievable Rental Income of Approximately £590 PCM
Ideal First-Time Buyer or Investment Opportunity
Well Presented Two Bedroom Terraced Home
Spacious Lounge
Modern Kitchen
Contemporary 4 Piece Bathroom
Stone's Throw from the Durham Heritage Coast
Popular Residential Location in Peterlee

2 bed terraced house to buy in SR8

Well-Presented Two Bedroom Terraced Home | Ideal First-Time Buyer or Investment Opportunity | Achievable Rental Income of Approximately £590 PCM | 9.7% Annual Rental Yield | Stone's Throw from the Durham Heritage Coast

Pattinson Estate Agents are delighted to welcome to the sales market this well-presented two-bedroom terraced home, ideally situated within a popular residential area of Peterlee. Offering spacious accommodation throughout, this property is perfectly suited to first-time buyers, young families, downsizers, or buy-to-let investors. With an achievable rental income of approximately £590 PCM, delivering an impressive 9.7% annual rental yield, this home represents an excellent investment opportunity.

The accommodation briefly comprises a welcoming entrance hallway leading into a generous lounge, providing the perfect space to relax or entertain. To the rear, the well-appointed kitchen offers ample worktop and cupboard space, with plenty of room for everyday dining and access to the rear garden.

To the first floor are two generously proportioned double bedrooms, both filled with natural light and offering comfortable, versatile living space. Completing the accommodation is a modern family bathroom, fitted with contemporary fixtures and finished in neutral tones.

Externally, the property benefits from low-maintenance front and rear gardens, providing an ideal outdoor space for relaxing or entertaining while remaining easy to maintain.

Ideally positioned close to a wide range of local amenities, schools, supermarkets and transport links, the property also enjoys excellent access to the A19, making it ideal for commuters travelling throughout the North East. Adding to its appeal, the home is just a stone's throw from the stunning Durham Heritage Coast, where beautiful beaches, scenic coastal walks and picturesque countryside can be enjoyed all year round.

Whether you're looking to step onto the property ladder or expand your investment portfolio, this attractive home offers excellent value in a sought-after location. Offering an achievable rental income of approximately £590 PCM and an estimated 9.7% annual rental yield, this property is an outstanding buy-to-let opportunity.

Early viewing is highly recommended to fully appreciate the space, location and investment potential this fantastic home has to offer.

External Front

Entrance Hall

Lounge

3.47m x 3.94m (11'4" x 12'11")

Breakfasting Kitchen

4.15m x 3.93m (13'7" x 12'10")

Utility

First Floor:

Landing

Bedroom One

4.33m x 4.39m (14'2" x 14'4")

Bedroom Two

2.78m x 1.44m (9'1" x 4'8")

Family Bathroom

2.89m x 2.96m (9'5" x 9'8")

External Rear

Front Aspect View

Open map Street view

Heating supply: Gas
Electricity supply: National Grid
Water supply: Direct mains water
Sewerage supply: Standard UK domestic

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These results are for a repayment mortgage and are 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.

Stamp Duty Land Tax rates are based on UK government guidelines and are subject to change. This calculator is for guidance only. Please consult a qualified professional for advice on your specific circumstances.