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3 bedroom terraced house for sale
8 South Street, Spennymoor, DL16 7TT
£90,000
8 South Street, Spennymoor, DL16 7TT
£90,000
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
This prime new listing is a recently renovated three-bedroom terraced house located in a highly sought-after area of Spennymoor. The property offers a welcoming living space, dining room, and sleek kitchen, as well as three spacious bedrooms and a large family bathroom. The property is being sold vacant and is in walk-in condition, making it ideal for first-time buyers, families, or shrewd investors seeking an easily lettable property. With potential rental returns of £2,300 per calendar month, this equates to an attractive £27,600 per annum, and securing the property at the guide price could yield a remarkable gross return of 30.6%. The property is being offered at a fantastic discount to ensure a sale, and with excellent sales evidence in the area, this is an ideal investment opportunity for savvy investors.