3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Front Street, Durham TS28
£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 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. The property currently generates £500 PCM in rental income, which will increase to £600 PCM in January 2025. With a strong rental market and nearby amenities, this property is sure to appeal to investors looking for an easy lettable flat with great potential for capital growth. Located just a short drive from Newcastle City Centre, this property offers a unique blend of urban and rural living, making it an attractive place to live and invest.