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Front Street, Durham TS28 3 bed terraced house for sale
32, Front Street, Wingate, Durham, TS28 5AG
£70,000
32, Front Street, Wingate, Durham, TS28 5AG
£70,000
Price History
Initial price | £80,000 |
29/08/24 | £75,000 |
19/03/25 | £70,000 |
Price Change | -12.50% |
Description
This 3-bedroom terraced property in Durham is a fantastic opportunity for buy-to-let investors, offering a yield of 9% based on the guide price of £75,000. The property is in walk-in condition, featuring a contemporary design with potential for personal customization and finishing touches. It also boasts a lovely garden with a newly built bar/social space. Currently generating £500 PCM, the rental income will increase to £600 PCM in January 2025. With local sales evidence showing strong demand and capital growth potential, this property is sure to appeal to investors. Located just 25 minutes from Newcastle City Centre, the property is near a range of local amenities and offers a high quality of life. With the option to make an immediate offer, this is a prime investment opportunity that won't last long.