Seaside Lane, Easington Colliery, Peterlee, Durham, SR8

Offers in region of
£99,950

3 Bedroom Terraced House for sale in Peterlee

2 3 2
  • This property, now fully residential, offers three potential rental incomes: ground floor, first floor, and rear storage unit.
  • Located in Easington Colliery with excellent transport access and close to Peterlee, ensuring high tenant demand.
  • The property features a ground floor with a reception room, kitchen, and WC, and a first floor with a living kitchen, two bedrooms, bathroom, and a loft room.
  • A spacious rear garage/storage unit (11.8m x 6.0m) offers room for expansion or valuable storage. No onward chain simplifies the transaction.
  • EPC Rating: Awaiting

Investment Opportunity: Versatile Residential Property with Income PotentialWelcome to this unique and versatile property that presents an exceptional investment opportunity for seasoned investors or a growing family, Situated in a prime location, this property, once a mixed commercial/residential space, is now classified as fully residential, offering the potential for multiple income streams. Property and shop is now rented out, Flat £600.00 pcm and Shop £300.00pcm. Tenants are happy to stay but can be sold without
Property Overview:

  • Location: Seaside Lane, Easington
  • Property Type: Residential
  • Price: £99,950
  • Listing Type: For Sale
  • No Onward Chain

Property Features:Ground Floor:
  • An inviting entrance hall welcomes you into the property.
  • The spacious reception room, formerly a shop, provides ample space for various uses.
  • A well-equipped kitchen is ideal for meal preparation and dining.
  • A convenient ground floor WC adds to the property's practicality.

First Floor:
  • A generous living kitchen on the first floor offers an open-plan functional space.
  • Two comfortable bedrooms provide excellent accommodation options.
  • A modern bathroom ensures convenience and comfort.
  • An additional loft room provides flexibility for various purposes.

External Features:
  • A significant garage/storage unit at the rear of the property measures 11.8m x 6.0(max), offering ample space for storage with hot and cold running water, sink and extractor fan .

Investment Potential:This property holds immense investment potential. With the right permissions, it can generate three separate rental incomes from the ground floor unit, first floor unit, and the spacious storage unit. The property's strategic location ensures a steady demand for both residential and commercial spaces, making it an enticing prospect for investors seeking a reliable source of income.
Location:The property is ideally located in Easington Colliery on a busy street. Its accessibility to the A19 and proximity to Peterlee make it an attractive choice for tenants or future buyers. Don't miss this golden opportunity to add a versatile income-generating property to your investment portfolio. Contact us today to schedule a viewing and explore the full potential of this property.
Room Dimensions:
GROUND FLOOR
Reception Room9.0 x 5.0 (max)
Kitchen5.3 x 3.5
FIRST FLOOR
Lounge/Kitchen6.1 x 4.5 (max)
Bedroom3.6 x 3.6
Bedroom4.0 x 3.5
SECOND FLOOR
Landing Area5.8 x 2.7
Loft Room5.7 x 2.9
Water MeterNo
Council Tax BandA

Important information

This is a Freehold property.

Property Ref: 725_266437

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Kimmitt & Roberts Estate Agents (Seaham)

16 North Terrace, Seaham, County Durham, SR7 7EU

0191 5813213

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