3 bed terraced house for sale

Weldeck Road, Hartlepool, Durham TS268Js TS26

Weldeck Road, Hartlepool, Durham Ts268Js

Enquire today on this oustanding investment opportunity! This spacious three bedroom mid terrace available, sold with long term tenant in situ generating a 6% net yield.

This spacious 3-bedroom mid terrace presents an excellent investment opportunity in the sought-after area of Hartlepool. The property comprises of; Entrance hallway leading into spacious reception room with plenty of natural light, a second reception room, fully fitted kitchen. Upstairs consisting of two double bedrooms, additional single bedroom, one family bathroom with three piece suite. Externally the property benefits from a small front yard and sizeable back yard.

County Durham sits between Newcastle, Sunderland and Hartlepool and is within easy reach of everything the Northeast has to offer. It is well regarded as an area for lucrative investment, with The Telegraph noting that County Durham is an area with some of the best returns for buy-to-let property investors. County Durham is on track to be named the UK’s City of Culture 2025, it’s just one of four locations in the UK to be shortlisted and achieving this status would result in colossal social and economic benefits, create thousands of jobs, boost the economy by millions and improve the lives of residents in the community. The BBC has too announced it will invest at least £25million over the next five years which will create BBC will create 70 digital jobs, increase opportunities and promote the region so now is the perfect opportunity to invest. Overall, sold prices in TS26 8JS over the last year were 70% up on the previous year and 22% up on the 2006 peak of £111,492.

Please note, lettings and management fees may apply.

Financial Breakdown

Gross Rent: £6,600.00
Net income: £6,600.00
Gross yield: 6%
Net yield: 6%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07664