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Foundry Street, Shildon, County... 3 bed terraced house for sale
Foundry Street, Shildon, County Durham, DL4
£65,000
Foundry Street, Shildon, County Durham, DL4
£65,000
Price History
Initial price | £69,000 |
20/08/25 | £67,000 |
16/09/25 | £65,000 |
Price Change | -5.80% |
Description
This three-bedroom end-terrace property offers a fantastic investment opportunity, generating a strong 10% yield from day one. The property is currently let to a reliable tenant of ten years, who is happy to remain in place at an increased rent of £560 per month, providing immediate and stable rental income. The property features a welcoming entrance hall, two generous reception rooms, a well-proportioned kitchen, three bedrooms, a bathroom, and a separate WC. The property has been well maintained, with recently fitted flooring throughout, modern safety features, and a Baxi boiler still under warranty for five years. The enclosed yard to the rear offers low-maintenance outdoor space, making this a ready-made investment with excellent returns, long-term tenancy security, and compliance with modern safety standards.