£75,000
3 bed terraced house for saleDerwent Street, Stanley, County Durham DH9
3 beds
1 bath
2 receptions
EPC Rating: D
Reeds Rains - Stanley
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About this property
Three bedrooms
Two reception rooms
End of Terrace
Council Tax Band: A
EPC Grade: D
***investment opportunity***
Welcome to your future investment. On offer is an end of terrace house in good condition, brimming with potential and charm. A perfect opportunity for savvy investors, this property is currently for sale with tenants in place, paying a rent of £680 per calendar month and providing an excellent rental yield of 10.88%.
Having a welcoming layout, the house boasts two delightful reception rooms, each featuring a cosy fireplace, making it the heart of the home. It's the ideal spot for tenants to unwind after a long day, adding a comfortable touch to the house.
The property also offers a well-equipped kitchen, ready for preparing anything from quick meals to hearty feasts. There are three bedrooms, two of which are spacious doubles, and one being a single room, making it perfect for a small family or for individuals wanting a bit of extra space.
The location of the house is another key attraction. It is conveniently situated close to public transport links and nearby schools, making daily commuting and education needs a breeze. Plus, walking routes are just around the corner, offering a great way to enjoy the outdoors and stay active.
The property is in good condition, ready to continue its life as a profitable rental. With its unique features, great location, and high rental yield, it's an opportunity you won't want to miss. Act fast and add this gem to your portfolio today.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
STA250117/8
External
Kitchen
4.09 x 2.39 - Range of fitted wall and floor units with worktops, freestanding electric cooker, extractor fan, stainless steel sink with mixer tap over, tiled splash back, central heating unit, plumbing for washer, radiator.
Dining Room
4.09 x 3.61 - Fireplace and radiator.
Lounge
4.09 x 3.61 - Fireplace and radiator.
First Floor Landing
Bedroom One
3.61 x 2.69 - Double bedroom with radiator.
Bedroom Two
2.9 x 2.01 - Double bedroom with radiator.
Bedroom Three
Single bedroom with radiator.
Bathroom
1.91 x 1.7 - Panelled bath with electric shower over, vanity storage unit housing hand wash basin and low level WC, tiled walls, radiator.
Garden
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