Presented by : Dowen Spennymoor : To View, Telephone 01388 819900
£67,000
BRAITHWAITE STREET, SHILDON, COUNTY DURHAM, DL4 DL4 1JF
Under Offer
3 Bedroom Terraced
<p>This well-presented three-bedroom mid-terrace property offers an excellent investment opportunity with a long-standing tenant in place. The current tenant has been residing at the property for nine years and has expressed a desire to remain. They are willing to increase their rent to £560 per calendar month, providing a strong 10% yield from day one based on the proposed rental income. <span style="font-size: 0.875rem; letter-spacing: 0.01em;">Internally, the property features a practical layout comprising an entrance hall, a spacious lounge, a separate dining room, and a fitted kitchen on the ground floor. Upstairs, there is a landing leading to three good-sized bedrooms and a family bathroom. The home is equipped with a modern Baxi boiler that still has over four years remaining on its warranty, ensuring efficient heating and peace of mind for the new owner. An Electrical Installation Condition Report (EICR) was carried out in September 2022, and the property benefits from mains-wired smoke, heat, and carbon monoxide detectors. </span><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Externally, there is a private rear yard. The property is Iin a quiet street and is not overlooked to either the front or the rear, offering a greater sense of privacy. This is a low-maintenance, tenant-ready investment with stable rental income and solid compliance standards already in place, making it an ideal addition to any landlord's portfolio. </span></p>
GROUND FLOOR ACCOMMODATION
5
Entrance Hall
5
Lounge
5
3.61m x 3.3m - 11'10" x 10'10"<br>
Dining Room
5
3.81m x 3.38m - 12'6" x 11'1"<br>
Kitchen
5
FIRST FLOOR ACCOMMODATION
5
First Floor Landing
5
Bedroom One
5
3.4m x 3.21m - 11'2" x 10'6"<br>
Bedroom Two
5
3.45m x 2.44m - 11'4" x 8'0"<br>
Bedroom Three
5
3.4m x 2.9m - 11'2" x 9'6"<br>
Bathroom
5
3.61m x 1.98m - 11'10" x 6'6"<br>
REAR YARD
5
VIEW TO THE FRONT
5
VIEWS TO THE REAR
5
WE CANNOT VERIFY THE CONDITIONS OF ANY SERVICES, FIXTURES, FITTINGS ETC AS NONE WERE CHECKED. ALL MEASUREMENTS APPROXIMATE.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON ANY MORTGAGE OR LOAN SECURED ON IT.
These are draft particulars awaiting vendors approval. They are relased on the understanding that the information contained may not be accurate.