Pinedale Drive, County Durham DH6 4 bed detached house for sale

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Pinedale Drive, County Durham DH6 4 bed detached house for sale

45 Pinedale Drive, County Durham, DH6 2XG
£110,000

Our Summary

  • This property is an exceptional investment opportunity with immediate income potential, currently rented at £700 per month (£8,400 annually)
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

This prime new listing is a tenanted detached, 2-storey, 4-bedroom house located in a desirable area of County Durham. The property features a driveway and garden, and is currently rented out for £700 per month, generating an annual income of £8,400. With a guide price, this property would produce an impressive 7% gross yield, making it an attractive investment opportunity for shrewd investors. The property is situated near local amenities, including parks, restaurants, and coffee shops, and is also close to schools and public transport. With excellent sales evidence in the area, this property is being offered at a fantastic discount to ensure a sale, and is expected to appeal to anyone looking for a straightforward purchase with excellent upside potential.