Fairbairn Road, Peterlee, County Durham, SR8
- PROPERTY TYPE
End of Terrace
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes 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
- SOLD WITH SITTING TENANT PAYING £595PCM
- 8.4% YIELD
- END TERRACED HOUSE
- TWO DOUBLE BEDROOMS
- DOUBLE DRIVEWAY
- REAR GARDEN
- 12FT LIVING ROOM
- DOWNSTAIRS W/C
- SOUGHT AFTER PETERLEE LOCATION
Description
Situated on the ever-popular Fairbairn Road in Peterlee, this two-bedroom end terraced home presents an excellent investment opportunity and is offered for sale with a sitting tenant currently paying £595 per calendar month, providing an immediate rental income from day one. Well maintained throughout and offering generous living accommodation, the property is ideally suited to landlords seeking a ready-made addition to their portfolio.
The accommodation begins with an entrance hall which provides access to the first floor and a convenient ground floor WC. The well-proportioned kitchen/diner offers ample space for both cooking and dining, making it a practical and sociable area of the home. To the rear, the spacious 12ft living room enjoys an abundance of natural light and benefits from patio doors opening directly onto the rear garden, creating a pleasant connection between the indoor and outdoor spaces.
To the first floor, the landing provides access to two generous double bedrooms, both offering comfortable accommodation with space for additional furnishings. Completing the upper floor is a family bathroom fitted with a three-piece suite.
Externally, the property benefits from excellent off-street parking with a gravelled double driveway to the front. To the rear, there is an enclosed garden which is mainly laid to lawn, complemented by a patio seating area ideal for enjoying the warmer months or creating an attractive outdoor space for tenants.
Located within easy reach of Peterlee town centre, local schools, amenities and transport links, this property combines a convenient location with a reliable rental income, making it an attractive proposition for buy-to-let investors looking for a straightforward purchase with a tenant already in situ.
Hall
4.6228m x 1.8542m - 15'2" x 6'1"
UPVC Door, Radiator, stairs leading to the first floor landing
Cloaks/Wc
1.4732m x 0.8382m - 4'10" x 2'9"
Low level w/c, wash hand basin, radiator
Kitchen
3.5306m x 1.8542m - 11'7" x 6'1"
Fitted with a range of wall and base units with complementing work surfaces, splash back tiling, Induction hob, extractor hood, electric oven, integrated fridge/freezer, space for washing machine, stainless steel sink with drainer and mixer tap, boiler, radiator, double glazed window to the front elevation
Living Room
3.82m x 3.64m - 12'6" x 11'11"
Double glazed window to the rear elevation, patio doors to the rear garden, radiator
Landing
2.9718m x 1.9304m - 9'9" x 6'4"
Storage cupboard, loft access
Bedroom One
3.81m x 3.4798m - 12'6" x 11'5"
Two double glazed windows to the front elevation, radiator
Bedroom Two
3.7084m x 1.9558m - 12'2" x 6'5"
Double glazed window to the rear elevation, radiator
Bathroom
1.7018m x 1.651m - 5'7" x 5'5"
Fitted with a 3 piece suite comprising of; Bath with overhead shower, pedestal wash hand basin, low level w/c, radiator, extractor fan, double glazed window to the rear elevation
Outside
To the Front;Double drivewayTo the Rear;Laid to lawn garden with patio area
- 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.
- Yes
- 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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Visit our security centre to find out moreDisclaimer - Property reference 10859009. 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 Dowen, 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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