- Tenanted Investment Sale +
- Currently Let at £420 PCM +
- Gross Yield Approx. 11.9% +
- Lounge, Fitted Kitchen & Ground-Floor Shower Room/W.C. +
- Convenient Location Close to Stanley Town Centre +
- No Onward Chain – Ideal for Investors +
- Realistically priced turn key investment +
Tenanted Investment Sale – Two-Bedroom Mid-Terrace Home, Village Location, Garden & Yard
This two-bedroom mid-terraced property is offered for sale with no onward chain and is ideal for investors, providing an immediate income opportunity. Early viewing is strongly recommended of this realistically priced, tenanted home.
The property is currently let at £420 per calendar month, generating an annual rental income of £5,040 and offering an attractive gross yield of approximately 11.9%.
The home benefits from uPVC double glazing and gas central heating. Internally, the accommodation briefly comprises a lounge, a fitted kitchen, and a ground-floor shower room/W.C. To the first floor are two bedrooms.
Externally, the property enjoys a small, self-contained yard to the rear, offering low-maintenance outdoor space.
The property is conveniently situated close to Stanley town centre, which offers a comprehensive range of shops, services, and amenities. It is positioned just off the A693, providing excellent road links to Consett and Chester-le-Street, with Durham, Tyneside, and the Metro Centre all within easy reach.
Overall, this property represents a strong buy-to-let investment, combining immediate rental income, no onward chain, and excellent transport connectivity.
Council Tax Band: A
Tenure: Freehold