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3 bedroom semi-detached house for sale
Derby Crescent, Durham DH8
£65,000
Derby Crescent, Durham DH8
£65,000
Our Summary
- *FOR SALE VIA MODERN AUCTION*Situated on Derby Crescent, this spacious three-bedroom semi-detached terrace is a fantastic opportunity for investors looking for a strong return
- This property is being sold via the modern method of auction, offering a secure and transparent route to purchase
- With a strong yield, existing tenants, and a sought-after location, this is a ready-made buy-to-let opportunity with fantastic potential
- Auction terms apply
- Auctioneer CommentsThis property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period
- For Sale by Modern Auction – T & C’s apply
- For Sale by Modern Auction – T & C’s apply
- Tenanted Investment Opportunity
- The Modern Method of Auction
Description
This three-bedroom semi-detached terrace house on Derby Crescent is a fantastic investment opportunity, with tenants currently paying £550 per month, generating a yield of over 10%. The property boasts a well-proportioned layout, including a bright living room, separate dining room, and fitted kitchen with ample storage. Upstairs, there are three comfortable bedrooms and a family bathroom, creating a practical living space that attracts long-term tenants. The property also benefits from gardens to both the front and rear, and is situated in a well-established residential area close to local amenities, schools, and transport links. As a freehold property, there are no ongoing lease or ground rent charges, making it an attractive option for investors. With a strong yield, existing tenants, and a sought-after location, this is a ready-made buy-to-let opportunity with fantastic potential.