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3 bedroom terraced house for sale
8 South Street, Spennymoor, DL16 7TT
£80,000
8 South Street, Spennymoor, DL16 7TT
£80,000
Our Summary
- With potential returns of approximately £2,300 per calendar month, this equates to an attractive £27,600 per annum
- 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
- With potential returns of approximately £2,300 per calendar month, th
Description
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Here is a summary of the property description in a single paragraph:
This prime new listing is a recently renovated three-bedroom terraced house located in a highly sought-after area of Spennymoor. The property is being sold vacant and in walk-in condition, making it ideal for first-time buyers, families, or shrewd investors seeking an easily lettable property. With a guide price, this property has the potential to yield a remarkable gross return of 30.6% per annum, with potential rental income of £2,300 per calendar month. The property features a welcoming living space, dining room, and sleek kitchen, as well as three spacious bedrooms and a large family bathroom. With excellent sales evidence in the area, this property presents a fantastic opportunity for savvy investors to secure a hassle-free acquisition with excellent upside potential.