4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Kilburn Street-10% Net Yield, Shildon, DL4
£114,000

Our Summary

  • TENURE & INVESTMENT OPPORTUNITY

Description

A four-bedroom ready-made social housing investment property is being sold with a 5-year social housing lease, generating £953.33 per month in rent. The property is located in Shildon, just a short distance from local amenities, and is fully let and income-producing until November 2028. The tenant, Mears Ltd, is a trusted provider of housing to various central government departments, and they will be responsible for all day-to-day internal maintenance and any service user damage. The property is freehold and has a standard construction, and the council tax band is A. The property has gas central heating, and on-street parking is available. There are no known planning or proposals for development, and the property is not listed. However, there may be some restrictions on the use of the property, and it is recommended that buyers carry out their own due diligence.
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