Welcome to Wesley Terrace, this is a well-presented two-bedroom, one-bathroom terraced house on Wesley Terrace, Stanley, Durham, DH9. Let's explore the key features that make this property a lucrative choice for investors:
Investment Potential:
With its location and features, this property presents an appealing investment prospect, with a bit of TLC and an achievable rent of £550pcm, you could turn this property into a long-term home for a tenant while bringing in an excellent 10% rental yield.
Enclosed Garden:
Outdoor space is a desirable feature for tenants and results in longer tenancies. This is key when looking for a good investment deal.
No Chain:
The property is offered for sale with no onward chain, streamlining the buying process and allowing for a smooth and hassle-free transaction. Buyers can proceed with confidence, knowing that there are no delays or complications associated with a chain.
Downstairs you are greeted by a warm living room with a window that allows natural lighting to flood the room. As you walk through the property, there is a U-shaped kitchen with an integrated oven, hob and extractor fan. There is also space in the kitchen to add a small dining area.
Upstairs, you'll find one double bedroom and one single bedroom which features built-in storage. You also have a a family bathroom complete with a bath and overhead shower.
Externally you have a private driveway which provides off-street parking to the front of the property as well as a lovely enclosed garden to the rear.
This house is located near many local amenities such as a hospital, schools, shops, takeaways, and other everyday necessities.
Early viewing is highly recommended.
Council Tax Band: A (Durham County Council)
Tenure: Freehold
Agent Details
NGU HOMES, Gateshead
0191 625 0172
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
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