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Elm Street, South Moor, Stanley... 2 bed terraced house for sale
Elm Street, South Moor, Stanley, Durham DH9
£20,000
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.