Initial price	£115,000
09/01/25	£100,000
Price Change	-13.04%

This is an investment opportunity to purchase a 3-bedroom, 1-bathroom freehold property in the sought-after area of Britley, DH3. The property is currently tenanted for £550 per month, with an agreed rent increase to £600 per month, providing solid rental returns and growth potential. The long-term tenant, who has been in the property for 15 years, is happy to stay with the rent increase, offering stability and continuity. With an estimated potential rent of £650 per month, the property offers a strong gross yield of 7.2% based on a purchase price of £100,000. As a freehold property, there are no additional ground rent or service charges, ensuring lower overheads. This property is an ideal choice for investors seeking a reliable, long-term rental income with minimal hassle, and is available for viewing now.