Bainbridge Avenue, Crook, DL15 2 bed terraced house for sale

>

Bainbridge Avenue, Crook, DL15 2 bed terraced house for sale

Bainbridge Avenue, Crook, DL15
£75,000

Our Summary

  • A well-maintained two-bedroom terrace house exceptionally positioned within walking distance of local shops and bus routes, this home presents an outstanding investment opportunity

Description

This well-maintained two-bedroom terraced house is an excellent investment opportunity, located within walking distance of local shops and bus routes. The property features comfortable living spaces and a convenient layout, making it a great choice for tenants. Currently tenanted, it generates a stable rental income of £550 per month, with an annual income of £6,600 and a gross yield of approximately 8.8%. This is well above typical local yields, making it a compelling addition to any rental portfolio. The property is conveniently located near bus stops and local amenities, with the town of Crook just 2 miles away and Durham city centre approximately 9 miles to the north-east.