Waterloo Terrace, Shildon DL4 2 bed terraced house for sale

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Waterloo Terrace, Shildon DL4 2 bed terraced house for sale

Waterloo Terrace, Shildon, DL4
£72,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom mid-terraced house in Shildon is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, back garden space, and street parking. Currently, it produces an annual gross income of £6,900 with tenants already in situ, who have a good track record of paying their rent on time and have no intention of moving out. With a potential rental income that could increase in future years, this property offers a worthwhile addition to an investor's portfolio. The current tenants have been in the property for several years, making for a smooth transition for the buyer.