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3 bedroom detached house for sale

Fairbairn Road, Peterlee, Durham, SR8 5EN

PROPERTY TYPE

Detached

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key 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

Description

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 £550 per calendar month (£6,600 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.

Council Tax Band: A
Tenure: Freehold

Brochures

Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Fairbairn Road, Peterlee, Durham, SR8 5EN

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About Pattinson Estate Agents, Peterlee

2 Yoden Way, Peterlee, SR8 1BP
Industry affiliations:Industry affiliation logo 0

Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£547
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 502670. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Peterlee. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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