Front Street, Durham TS28 3 bed terraced house for sale

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Front Street, Durham TS28 3 bed 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 customization and a lovely garden with a newly built bar/social space. It currently generates £500 PCM in rental income, which will increase to £600 PCM in January 2025. The property is located in a sought-after area, close to local amenities and just a 25-minute drive from Newcastle City Centre. With strong local sales evidence and a high demand for rentals, this property is sure to appeal to investors looking for a easy lettable flat with great potential for capital growth.