3 Bed Terraced House, Single Let, Shildon, DL4 2HE £65,000

• THREE BEDROOM TERRACED PROPERTY +
• LET TO A TENANT OF TEN YEARS +
• 9.7% YIELD FROM DAY ONE +
• TWO RECEPTION ROOMS +
• BAXI BOILER WITH 5 YEARS WARRANTY REMAINING +
• VIEWING ESSENTIAL +

This well-presented three-bedroom end-terrace property offers a fantastic opportunity for investors, generating a strong 9.7% yield from day one. Currently let to a reliable tenant of ten years, who is happy to remain in place at an increased rent of £560 per calendar month, the property provides immediate and stable rental income. The ground floor features a welcoming entrance hall leading to two generous reception rooms—a lounge and a dining room—alongside a well-proportioned kitchen. Upstairs, there are three bedrooms, all benefiting from fire escape windows, a bathroom fitted with a shower, bath, and wash basin, and a separate WC. The property has been well maintained, with recently fitted flooring throughout and a range of modern safety features, including mains-wired heat, three smoke alarms, and a carbon monoxide alarm. A Baxi boiler is installed and still under warranty for the next five years. An EICR was completed in June 2021, and PAT testing for the oven, hood, and hob was carried out in January 2025. To the rear, there is a tidy enclosed yard, offering low-maintenance outdoor space. This is a ready-made investment with excellent returns, long-term tenancy security, and compliance with modern safety standards.