Allan Street, Peterlee, Durham, SR8 3QH

SOLD TENANTED - Well-Presented Two Bedroom Terraced Home | Investment Opportunity | Rental Income of £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 buy-to-let investors. With a rental income of £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.

Council Tax Band: A Tenure: Freehold

External Front

Entrance Hall

Lounge 3.94m x 3.47m

Breakfasting Kitchen 3.93m x 4.15m

Utility

First Floor:

Landing

Bedroom One 4.39m x 4.33m

Bedroom Two 1.44m x 2.78m

Family Bathroom 2.96m x 2.89m

External Rear

Front Aspect View