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2 Bed Terraced House, Single Let, Shildon, DL4 1JJ £61,000

Byerley Road, Shildon, County Durham, DL4 1JJ - 1 views - 5 months ago
  1. Deal Search
  2. Shildon
  3. DL4
  4. DL4 1JJ
Under Offer
BTL
ROI: 10%
~68 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

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Property History

Listed for £61,000

July 22, 2025

Description

  • WELL PRESENTED MID TERRACE PROPERTY +
  • TWO BEDROOMS +
  • LONG TERM TENANT @ £460PCM (9% YIELD) +
  • TWO RECEPTION ROOMS +
  • GAS COMBI BOILER +
  • RECENTLY FITTED NEW MAIN ROOF +
  • EXCELLENT INVESTMENT OPPORTUNITY +

This well-maintained two-bedroom mid-terrace property presents an excellent investment opportunity, already benefiting from a reliable long-term tenant who has been in place for two years and wishes to remain. The property currently generates £460 per calendar month, delivering a strong yield of 9%. The ground floor comprises a welcoming vestibule, a bright lounge, a dining room, a modern kitchen, a rear hall and a bathroom. Upstairs, there are two well-proportioned bedrooms, each fitted with fire escape windows for added safety. To the rear of the property is an enclosed yard, offering private outdoor space. The property has been kept to a high standard with solid compliance measures in place. An EICR was carried out in May 2023, with three years remaining, and the most recent gas safety check was completed in May 2025. Mains-wired smoke, heat and carbon monoxide detectors are installed, along with a fire blanket in the kitchen. A new main roof has been fitted recently, and the home benefits from a Baxi Platinum boiler and an EPC rating of C. Additional features include a bathroom extractor fan and recently fitted flooring. With strong compliance standards, a reliable tenant and recent upgrades, this property offers a ready-made investment with no immediate maintenance concerns.

Agent Details

Dowen, Spennymoor

01388 311369

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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