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Front Street, Durham TS28 3 bed terraced house for sale
Front Street, Durham TS28
£75,000
Front Street, Durham TS28
£75,000
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
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 customization and a lovely garden with a newly built bar/social space. It currently generates £500 PCM in rental income, which will increase to £600 PCM in January 2025. The property is located in a sought-after area, close to local amenities and just a 25-minute drive from Newcastle City Centre. With strong local sales evidence and a high demand for rentals, this property is sure to appeal to investors looking for a easy lettable flat with great potential for capital growth.