2 Bed House For Sale

This fabulous two-bedroom mid-terrace property comprises of an entrance hallway leading to a spacious lounge with double glazed bay fronted window; a dining room; a new kitchen; a staircase leading to the first of the double bedrooms; a four-piece family bathroom; and a second double bedroom with double glazed window to the front. The current long-term tenants maintain the property to an excellent standard and the property comes with a low-maintenance rear yard and on-street parking to the front.

With the North Pennines right on its doorstep, this property couldn't be in a more beautiful location, perfect for those who enjoy long country walks and amazing views! This property is also ideally located within the commuter belt for both Durham and Newcastle city centres, being only a 30-minute drive away from either one, meaning that there will always be plenty of interest from tenants working in both cities looking for cheaper rental prices whilst still being close enough to enjoy everything that both cities have to offer.

A fantastic place to live, work and play, Newcastle has been named the number one place to visit in the world and boasts one of the fastest-growing economies in the country. This is of benefit to Newcastle’s surrounding areas such as County Durham – a county which has a rich heritage in industry – and currently has the UK’s best record for job creation, thanks in part to Newcastle's rising property prices and ever-increasing demand which drives people to the surrounding postcodes.

This is an excellent investment opportunity which is sure to sell quickly. Enquire today!

Financial Breakdown

Gross rent: £5,400
Net income: £5,400
Gross yield: 9%
Net yield: 9%

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.



yieldit ref: YL-06902