3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Albert Street, Shildon, County Durham
£68,000

Our Summary

  • yieldit are delighted to offer to the market this high yielding investment opportunity which will make a fantastic addition to an investor’s portfolio
  • Ideal investment opportunity

Description

This high-yielding investment opportunity is a freehold mid-terraced property in Albert Street, Shildon, County Durham. The property generates a rental income of £525 per month, representing an impressive 9% NET return at the asking price. The property itself offers spacious accommodation, including a large front reception room, dining room, kitchen, three bedrooms, and a four-piece family bathroom. The enclosed yard to the rear provides a quiet and private outdoor space. Located close to the town center and Shildon train station, the property benefits from excellent commuter links to nearby cities and towns. With County Durham being shortlisted as the UK's City of Culture 2025 and the BBC investing £25 million in the region, now is an ideal time to invest in this lucrative area, which is renowned for its strong returns for buy-to-let property investors.