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Milton Grove, Shotton Colliery... 4 bed semi
Milton Grove, Shotton Colliery, Durham, Durham, DH6 2RD
£68,000
Milton Grove, Shotton Colliery, Durham, Durham, DH6 2RD
£68,000
Our Summary
- TO BE SOLD VIA Online Auction – Fees ApplyTENANTED INVESTMENT OPPORTUNITYWe are pleased to present this well-presented end-terrace home, ideally situated close to local amenities, schools, and excellent transport links, including easy access to the A19 in both directions
- Investment Highlights:Currently generating a gross rental income of £630 per calendar month (£8,190 per annum)Potential to increase to the current market rate of approximately £9,100 per annumDependable tenants already in placeTurnkey investment offering consistent returnsThis property represents a fantastic opportunity for landlords seeking a hassle-free addition to their portfolio or families ready to take the next step on the property ladder
Description
This tenanted end-terrace home is situated close to local amenities, schools, and transport links, offering spacious family accommodation with a generous lounge/diner, modern fitted kitchen, and four well-proportioned bedrooms. The property benefits from an enclosed front garden, driveway providing off-street parking, and a low-maintenance south-west facing garden. Currently generating a gross rental income of £8,190 per annum, the property has potential to increase to the current market rate of approximately £9,100 per annum, making it a fantastic opportunity for landlords seeking a hassle-free addition to their portfolio or families looking to take the next step on the property ladder.