Elm Street, South Moor, Stanley... 2 bed terraced house for sale

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Elm Street, South Moor, Stanley... 2 bed terraced house for sale

Elm Street, South Moor, Stanley, Durham DH9
£20,000

Price History

Initial price £35,000
12/04/25 £27,000
23/04/25 £38,000
26/04/25 £27,000
03/05/25 £38,000
10/05/25 £29,000
17/05/25 £20,000
Price Change -42.86%

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 since April 2018. The property offers a spacious entrance hallway, lobby, lounge, and fitted kitchen with cooking appliance on the ground floor, with two bedrooms and a bathroom/WC on the first floor. The property also features a self-contained yard to the rear. The tenant is paying £450 per month, producing an annual income of £5,400 and providing a yield of 16%. The property is situated in a desirable location, close to local amenities, schools, and transport links, making it an excellent investment opportunity for families or buy-to-let investors.