Ashton Street, Peterlee

This two-bedroom terraced property presents an excellent opportunity for investors or those looking to undertake a renovation project. Located in Easington, the home is positioned near essential shops and amenities, providing convenience for future tenants. Its proximity to larger towns such as Seaham and Peterlee ensures a steady demand for rental properties in the area, which is beneficial for generating consistent income. While the property does require refurbishment, it holds significant potential for value enhancement. Previous sales on the same street indicate that homes can achieve over £50,000, further underscoring the investment opportunity available here. With careful renovations tailored to modern preferences, this property could attract tenants willing to pay between £450 and £550 in monthly rent, depending on the level of upgrades implemented. For a hands-on investor or DIY enthusiast, this property offers the chance to not only renovate but also increase its market value significantly. The local rental market's resilience minimizes vacancy risks, making it an attractive addition to any real estate portfolio.