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King Edward Street, Shildon, County... 2 bed terraced house for sale
King Edward Street, Shildon, County Durham, DL4
£59,000
King Edward Street, Shildon, County Durham, DL4
£59,000
Our Summary
- This two-bedroom mid-terrace property presents an excellent investment opportunity being tenanted by a long-standing occupant of 18 years who is keen to remain in place and willing to pay an increased rent of £490 per calendar month, delivering a 10% gross yield from day one
- EXCELLENT INVESTMENT OPPORTUNITY
- Excellent investment opportunity
Description
This two-bedroom mid-terrace property is an excellent investment opportunity, with a long-standing tenant willing to pay an increased rent of £490 per month, generating a 10% gross yield from day one. The property features two reception rooms, a modern kitchen, and a ground floor bathroom, with all bedrooms equipped with fire escape windows and safety compliance up to date. The property has also undergone recent electrical and boiler maintenance, with an Electrical Installation Condition Report completed in March 2022 and a boiler warranty until January 2026. This low-maintenance property is ideal for investors seeking reliable returns and long-term tenancy continuity.