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3 bedroom terraced house for sale
32, Front Street, Wingate, Durham, TS28 5AG
£75,000
32, Front Street, Wingate, Durham, TS28 5AG
£75,000
Price History
Initial price | £80,000 |
29/08/24 | £75,000 |
Price Change | -6.25% |
Description
This 3-bedroom terraced property in Durham is a fantastic investment opportunity, offering a guide price of £75,000. The property is in walk-in condition, featuring a contemporary design with significant potential for personal customization and finishing touches. It also boasts a lovely garden with a newly built bar/social space. The property currently generates £500 PCM in rental income, producing an impressive yield of 9% based on the guide price. The rental income is set to increase to £600 PCM in January 2025. With local sales evidence showing strong demand and prices, this property is sure to appeal to investors looking for an easy lettable flat in a sought-after location with great potential for capital growth.