Initial price	£160,000
09/01/25	£150,000
Price Change	-6.25%

This exceptional three-bedroom apartment in Castle Eden, just ten miles east of Durham City Centre, offers a unique opportunity for investors and tenants alike. The property boasts a spacious open-plan living area with patio doors leading to a balcony, modern decor throughout, and a recently fitted kitchen and dining area. The apartment also features two double bedrooms, a third bedroom that is unfurnished, and two bathrooms, including an en-suite shower room. With a tenant already in situ, the property generates a potential yield of 8.2% based on the current rent of £1,000 per month, which will increase to £1,100 per month in 2025. Additional features include allocated parking, gas central heating, and double glazing throughout. The village of Castle Eden offers a range of activities, including golf, cricket, and horseriding, and is close to neighboring towns and the coastline.