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3 bedroom terraced house for sale
Foundry Street, Shildon, County Durham DL4
£67,000
Foundry Street, Shildon, County Durham DL4
£67,000
Price History
Initial price | £69,000 |
20/08/25 | £67,000 |
Price Change | -2.90% |
Description
This well-maintained 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 who has been in place for ten years and is happy to remain at an increased rent of £560 per month. The property features a welcoming entrance hall leading to two generous reception rooms, a well-proportioned kitchen, and three bedrooms with fire escape windows. The property has been well-maintained, with recently fitted flooring throughout and modern safety features, including mains-wired heat, smoke alarms, and a carbon monoxide alarm. The property also has a Baxi boiler installed and still under warranty for the next five years. The rear yard provides low-maintenance outdoor space, making this a ready-made investment with excellent returns, long-term tenancy security, and compliance with modern safety standards.