King Edward Street, Shildon, County... 2 bed terraced house for sale

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King Edward Street, Shildon, County... 2 bed terraced house for sale

King Edward Street, Shildon, County Durham DL4
£60,000

Price History

Initial price £70,000
01/05/25 £65,000
14/06/25 £60,000
Price Change -14.29%

Description

This investment opportunity is a spacious, recently professionally decorated mid-terrace property in Shildon, with two bedrooms, two reception rooms, a modern kitchen, and a bathroom. The property is currently let on an Assured Shorthold tenancy at £530 per month, providing a 10.6% yield from day one of ownership. The property meets all legal requirements for a rental property, including a Baxi combi boiler, mains wired heat, and smoke alarms. The property features a large enclosed rear yard and a small forecourt garden, and is close to the town center and amenities. With a wide range of amenities and a short drive to the larger town of Bishop Auckland, this property is an attractive investment opportunity for anyone looking to generate a steady income.