3 bed detached house to buy in SR8

Fairbairn Road, Peterlee, Durham, SR8 5EN

Brochure

£119,950

Bedrooms: x 3

Bathrooms: x 1

Receptions: x 1

Tenure: Freehold

Size: 807 sq ft / 75 sq m

Key Information

Council tax: Band A
EPC rating: C
Heating supply: Gas
Electricity: National Grid
Parking: Driveway

Property features

Modern three-bedroom detached home
Long-term sitting tenant in place since 2020
Rental income: £550 PCM (£6,600 per annum)
Fully managed by Pattinson Estate Agents
No rent arrears
Well kept throughout

3 bed detached house to buy in SR8

Turn key Investment Opportunity - A modern three-bedroom detached home situated on Fairbairn Road, Peterlee, offered for sale with a long-term sitting tenant already in place and fully managed by Pattinson Estate Agents. The property provides an excellent buy-to-let opportunity with a rental income of £650 per calendar month (£7,800 per annum). The tenant has occupied the property long term (since 2020), there are no rent arrears, and the home has been very well maintained throughout.

The accommodation briefly comprises an entrance hall with a downstairs WC, leading through to a modern fitted kitchen. To the rear of the property is a spacious lounge featuring patio doors that open onto the rear garden, allowing for excellent natural light.

To the first floor are three well-proportioned bedrooms, including a master bedroom with an en-suite shower room. A modern family bathroom fitted with a contemporary white suite completes the upper floor accommodation.

Externally, the property benefits from a large enclosed rear garden, an open-plan front garden, a driveway providing off-street parking, and an integral single garage.

Located within a pleasant residential area of Peterlee, the property is well positioned close to local amenities, schools, and transport links, making it a strong and sustainable rental investment. This detached home offers immediate rental income with a reliable tenant already in situ.

To arrange an internal viewing, please contact Pattinson Estate Agents.

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.

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