2 bedroom terraced house for sale

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2 bedroom terraced house for sale

64, Elm Street, South Moor, Stanley, Durham, DH97EA
£29,000

Price History

Initial price £35,000
15/04/25 £27,000
23/04/25 £38,000
26/04/25 £27,000
03/05/25 £38,000
10/05/25 £29,000
Price Change -17.14%

Description

This prime investment property is a two-bedroom mid-terrace house in a popular buy-to-let location, with a long-standing tenant in place paying £450 per month (£5,400 per annum) since April 2018. The property offers a yield of 16% and is situated close to local amenities, schools, and transport links. The property features an entrance hallway, lounge, kitchen, two bedrooms, and a bathroom/WC, as well as a self-contained yard to the rear. The area is popular with families and is within reach of local attractions such as Beamish Museum and Tanfield Railway. The property is being sold through a timed online auction on May 15, 2025, and is expected to attract a high level of interest from investors and families alike.