BRRR in Peterlee

66% Return BRRR Opportunity – NO STAMP

HIGH-YIELD FREEHOLD TERRACE – VACANT POSSESSION

Peterlee, SR8 3PX

3 Bed Mid-Terrace | Freehold
- Approx. 85sqm / 915 sq ft
- Vacant Upon Completion

- Purchase Price: £36,000
- Estimated Market Value: £55,000
- Approx. 34.5% Below Market Value
- Refurbishment: Approx. £5,000 (included in cash-needed figures)

- Estimated Rental Income: £500pm
- Gross Yield: Approx. 10.53%
- Cash Needed: Approx. £47,269
- ROI / ROCE: Approx. 61%

Comparable Sales Nearby:
•⁠ ⁠14 Thomas Street, Peterlee, SR8 3LT – Sold £58,000
•⁠ ⁠4 Paradise Lane, Peterlee, SR8 3EX – Sold £80,000
•⁠ ⁠6 Paradise Lane, Peterlee, SR8 3EX – Sold £73,000

Key Selling Points:
•⁠ ⁠Vacant possession upon completion
•⁠ ⁠Freehold – standard construction
•⁠ ⁠Three bedrooms
•⁠ ⁠Ground-floor living room & kitchen-diner
•⁠ ⁠Approx. £5,000 refurbishment budget factored into figures
•⁠ ⁠Walking distance to the beach
•⁠ ⁠Local amenities nearby
•⁠ ⁠Excellent high-yield BTL opportunity

Cash buyers or fast finance!