Aberford Road, Stanley 2 bed terraced house for sale

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Aberford Road, Stanley 2 bed terraced house for sale

Aberford Road, Stanley
£110,000

Our Summary

  • *INVESTMENT PROPERTY*6% YIELD with the potential to increase*Offered to the market under market value is this tenanted two bedroom mid-terrace house
  • The property is in need of updating and briefly comprises; lounge and kitchen/diner to the ground floor
  • In Need Of Updating

Description

This investment property is a two-bedroom mid-terrace house that is being offered at a price below market value. The property is tenanted with a periodic AST paying £550 per month, providing a 6% yield with potential for increase. The property needs updating and is situated in a quiet area with views over open fields to the rear. The ground floor features a lounge and kitchen/diner, while the first floor has two double bedrooms and a bathroom. The property also benefits from a small courtyard garden to the front and a rear garden with off-street parking. With some renovation, this property has the potential to increase in value and provide a strong return on investment.