Initial price	£75,000
19/10/24	£65,000
Price Change	-13.33%

This mid-terraced house in Coundon offers a rare opportunity for property investors, generating a gross return on investment of over 10% at the full asking price. The property has been fully refurbished and has been rented out to a tenant paying £550 per month, providing a yield of just under 9%. The house boasts a modern finish, with double glazing, a new heating system, and a re-wired electrical system. The spacious interior features an open-plan living room/dining room, a well-equipped kitchen, and three bedrooms upstairs, all with a modern family bathroom. Located in a village close to Bishop Auckland and Spennymoor, the property offers easy access to amenities and the A1(M) motorway network. With a range of services available, including broadband, TV, and mobile phone networks, this property presents a solid investment opportunity for those looking to generate a strong return on their investment.