Presented by : Dowen Spennymoor : To View, Telephone 01388 819900

£65,000 FOUNDRY STREET, SHILDON, COUNTY DURHAM, DL4 DL4 2HE Under Offer

3 Bedroom Terraced

This well-presented three-bedroom end-terrace property offers a fantastic opportunity for investors, generating a strong 10% 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.

GROUND FLOOR ACCOMMODATION 5

Entrance Hall 5

Lounge 5

Dining Room 5

Kitchen 5

FIRST FLOOR ACCOMMODATION 5

First Floor Landing 5

Bedroom One 5

Bedroom Two 5

Bedroom Three 5

Bathroom 5

Cloaks/Wc 5

Rear Yard 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.