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
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