5 Charles Street, Peterlee, SR8 3QR

This freehold terrace house presents a significant opportunity for investors looking to make their mark in the rental market. Located just off Station Road, it benefits from close proximity to Peterlee Town Centre and Horden Train Station, with the scenic Easington Beach also within reach. The property is laid out over two floors, featuring two bedrooms and a bathroom on the first floor, while the ground floor includes an entrance hall, living room, and kitchen. A rear yard provides some outdoor space. Currently tenanted at £368 per month, generating an annual income of £4,416, this property is ripe for modernisation to enhance its value and rental potential. With an EPC rating of D and positioned within Council Tax Band A, this house offers a solid base for future improvements.