Foundry Street, Shildon, County... 3 bed terraced house for sale

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Foundry Street, Shildon, County... 3 bed terraced house for sale

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-presented 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, and a bathroom with a shower, bath, and wash basin. The property has been well maintained, with recently fitted flooring throughout, modern safety features, and a Baxi boiler still under warranty for the next five years. The property also benefits from a tidy enclosed yard, offering low-maintenance outdoor space. With excellent returns, long-term tenancy security, and compliance with modern safety standards, this is a ready-made investment opportunity.