Initial price	£70,000
26/03/24	£67,000
Price Change	-4.29%

This fully managed, tenanted three-bedroom terraced house in Shildon offers an attractive 8% net yield. The property is conveniently located for local shops, amenities, and public transport, and has a current rental income of £495 per month. The letting agent has advised that there is potential to increase the rent to £525 per month, which would further boost the net yield. The property comprises an entrance vestibule, hallway, lounge, dining room, kitchen, and three bedrooms, as well as a bathroom and an enclosed concrete garden to the front and a yard to the rear. The property is freehold and is ideal for first-time buy-to-let investors or those looking to expand their portfolio.