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South Street, Spennymoor, Co. Durham... 2 bed terraced house for sale
South Street, Spennymoor, Co. Durham DL16 7TU
£49,950
South Street, Spennymoor, Co. Durham DL16 7TU
£49,950
Our Summary
- The property is perfectly suited to the private landlord and/or property developer and is in need of minor refurbishment works but is superbly located within easy access of local amenities, facilities and both Primary & Secondary Schooling
- Following completion of the required works the property would become a highly desirable rental property and would expect to achieve a rental income in the region of £6,000 - £6,300 per annum and in turn provide a highly appealing gross rental yield
Description
This deceptively spacious two-bedroom terraced property is available for sale with no onward chain, making it an attractive opportunity for private landlords or property developers. The property requires minor refurbishment works, but its central location, close to local amenities, schools, and transport links, makes it a prime candidate for renovation and rental income. The property has a spacious lounge, kitchen-dining room, and two well-proportioned double bedrooms, with the master bedroom also featuring en-suite facilities. The property also benefits from an enclosed rear yard with decking and a greenhouse. With an estimated rental income of £6,000-£6,300 per annum, this property offers a highly appealing gross rental yield, making it an excellent investment opportunity.