2 bed terraced house for sale

Byron Street, Peterlee SR8

Ttauk Estate Agents are delighted to bring to the sales market this spacious and beautifully presented two-bedroom mid-terraced home in the popular coastal area of Peterlee, County Durham a rare opportunity to secure a fully upgraded, tenant-ready investment property for under £70,000.

For investors used to South East yields of 3-5%, this property offers an estimated 12% gross rental yield on an achievable rental income of approximately £650 pcm more than double the typical return achievable on comparable outlay in London and the South East- while requiring none of the six-figure capital commitment.

With upgraded fixtures and fittings throughout, a modern fitted kitchen, and a fully refitted shower room, this is a genuinely turn-key purchase no refurbishment budget or project management needed before letting. Ideal for investors building or expanding a portfolio remotely, first-time buyers, or growing families.

Internally, the accommodation offers generous and versatile living space, comprising a modern lounge including a comfortable and spacious dining/family room, ideal for modern family living and entertaining.

The property boasts a stylish fitted kitchen featuring a range of wall and base units, complementary work surfaces, and ample preparation and storage space. Completing the ground floor is a beautifully refitted modern shower room finished to a high standard.

On the first floor are two well-proportioned bedrooms, all benefiting from excellent natural light and offering comfortable accommodation throughout.

Externally, the property further benefits from a private rear courtyard providing a low-maintenance outdoor space, ideal for relaxing or entertaining.

Situated in a sought-after coastal location, just a 10-minute walk from Easington Beach, the property sits within an area of strong and consistent rental demand, with local schools, shops, transport links, and scenic coastal walks all close by, appealing to tenants and supporting long-term occupancy.

A straightforward, low-entry addition to any buy-to-let portfolio. Early viewing is highly recommended, and TAUK Estate Agents can assist remote investors with the full purchase process from offer to completion.

Council Tax Band: A

Tenure: Freehold

Living Room (4.77m x 3.93m)

4.77m x 3.93m

Beautiful design, living with double-glazed windows to the front, an electric fire with a marble surround, and hardwood flooring, leading to the dining room

Dining Room (4.24m x 3.7m)

Large Dining room with a storage cupboard, with beautiful hardwood flooring, and patio doors leading to the rear yard

Kitchen (2.84m x 2.79m)

Fitted with a range of wall and base units with complementing work surfaces, a stylish sink, and a great space for cooking

Bathroom (2.76m x 2m)

Modern stylish bathroom fitted with a free-standing bath, and a large shower with mains water supply

Bedroom One (4.8m x 3.93m)

4.8m x 3.93m

The main bedroom offers a large living space with lots of natural light and a double-glazed front window

Bedroom Two (4.24m x 3.75m)

The 2nd bedroom offers a perfect space for a guest, with a double-glazed window to the rear, a built-in wardrobe, and a storage cupboard for extra space

External Rear

Rear Yard with tap and outside light