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
£120,000

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 with a driveway and garden located in a desirable area of County Durham. The property is currently rented at £700 per month, generating an annual income of £8,400, and has the potential to produce an impressive 7% gross yield if sold at the guide price. With its welcoming hallway, spacious bedrooms, well-equipped kitchen, and three bathrooms, the property offers ample living space and storage. The location is convenient, with proximity to local amenities, schools, and public transport, and is situated near parks, restaurants, and coffee shops. The property's current tenanted status ensures immediate returns on investment, making it an exceptional investment opportunity for shrewd investors seeking an affordable investment with substantial yield potential.