BTL in Peterlee

Hawthorn Street, Peterlee, SR8 3LY

2 Bed End Terrace
Freehold
EPC D
Approx. 75sqm
Vacant possession expected
Light refurb opportunity

Purchase Price: £39,999
Estimated Market Value: £55,000
Refurb Budget: £5,000
Total Investment Required: Approx. £50,268
Stamp Duty: £0

Rental Expectation: £575 PCM
Gross Yield: 12.55%
ROI / ROCE: 37.4%
Estimated Monthly Profit: £300 PCM (6% interest only)

Refinance Figures:
Estimated refinance value: £55,000
Money left in deal after refinance: Approx. £9,618

Area Notes:
Average 2-bed rental in the area is around £541 PCM, so £575 PCM looks achievable after a clean, light refurb. This is a low-entry northern cashflow deal, not a premium location, but the yield and cash left in post-refinance are very strong.

Investors should be comfortable with lower-value northern stock and the tenant profile that comes with these areas.

DM me directly if interested.

Reservation fee applies to secure the property.