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Front Street, Durham TS28 3 bed terraced house for sale
32, Front Street, Wingate, Durham, TS28 5AG
£70,000
32, Front Street, Wingate, Durham, TS28 5AG
£70,000
Our Summary
- The property is walk-in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches
- Easily rentable apartment with substantial potential for capital growth
- ***TURN KEY INVESTMENT OPPORTUNITY*** Prime Property Auctions NEW ENTRY
- 27, Ingram Way, Wingate, County Durham TS28 5PW Previously sold for £162,000*** Sure to appeal to investors looking for an easy lettable flat in a sought-after location with great potential for Capital Growth
- HIGH YIELDING INVESTMENT OPPORTUNITY
- 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
- ***TURN KEY INVESTMENT OPPORTUNITY***
- *TURN KEY INVESTMENT OPPORTUNITY*
Description
This 3-bedroom terraced property in Durham is a fantastic opportunity for buy-to-let investors, offering a yield of 9% based on the guide price of £75,000. The property is in walk-in condition, featuring a contemporary design with potential for personal customization and finishing touches. It also boasts a lovely garden with a newly built bar/social space. Currently generating £500 PCM, the rental income will increase to £600 PCM in January 2025. With local sales evidence showing strong demand and capital growth potential, this property is sure to appeal to investors. Located just 25 minutes from Newcastle City Centre, the property is near a range of local amenities and offers a high quality of life. With the option to make an immediate offer, this is a prime investment opportunity that won't last long.