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Stainmore Close, County Durham DL12 4 bed semi
Stainmore Close, County Durham DL12
£185,000
Stainmore Close, County Durham DL12
£185,000
Our Summary
- * This property offers a perfect opportunity to utilise the BRRR strategy, showcasing massive potential for renovation
- Set in a sought-after area with outstanding travel connections and local amenities, this home has a contemporary layout with ample potential for customisation
- This property offers a perfect opportunity to utilise the BRRR strategy, showcasing massive potential for renovation
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- • Set in a sought-after area with outstanding travel connections and local amenities, this home has a contemporary layout with ample potential for customisation
- • This property offers a perfect opportunity to utilise the BRRR strategy, showcasing massive potential for renovation
Description
This prime new listing is a vacant 4-bedroom semi-detached house located in a sought-after area of County Durham, offering a perfect opportunity for a shrewd investor or family looking to create their dream home. The property has a contemporary layout with ample potential for customization, featuring a welcoming entrance hallway, two modern bathrooms, four spacious bedrooms, an open and well-equipped kitchen, a bright dining room, an inviting conservatory, and a generous garden. With outstanding travel connections and local amenities, this home has the potential to achieve a monthly rental income between £950 and £1,000, producing a compelling yield of 6% to 8% if purchased at the guide price. The property is being offered at a fantastic discount to ensure a sale, with excellent sales evidence in the area and a potential for exceptional rental and capital growth upside.