Guide Price £65,000

2 bed terraced house for sale in Wesley Terrace, Stanley (ref: RS0246)

Shortlist

Key features

  • Enclosed Rear Garden
  • Fitted Kitchen
  • Wooden Floors
  • No Chain
  • Investment Potential
  • Rental Demand
Welcome to Wesley Terrace, this is a well-presented two-bedroom, one-bathroom terraced house on Wesley Terrace, Stanley, Durham, DH9. Let's explore the key features that make this property a lucrative choice for investors:

Investment Potential:

With its location and features, this property presents an appealing investment prospect, with a bit of TLC and an achievable rent of £550pcm, you could turn this property into a long-term home for a tenant while bringing in an excellent 10% rental yield.

Enclosed Garden:

Outdoor space is a desirable feature for tenants and results in longer tenancies. This is key when looking for a good investment deal.

No Chain:

The property is offered for sale with no onward chain, streamlining the buying process and allowing for a smooth and hassle-free transaction. Buyers can proceed with confidence, knowing that there are no delays or complications associated with a chain.


Downstairs you are greeted by a warm living room with a window that allows natural lighting to flood the room. As you walk through the property, there is a U-shaped kitchen with an integrated oven, hob and extractor fan. There is also space in the kitchen to add a small dining area.

Upstairs, you'll find one double bedroom and one single bedroom which features built-in storage. You also have a a family bathroom complete with a bath and overhead shower.

Externally you have a private driveway which provides off-street parking to the front of the property as well as a lovely enclosed garden to the rear.

This house is located near many local amenities such as a hospital, schools, shops, takeaways, and other everyday necessities.

Early viewing is highly recommended.



Council Tax Band: A (Durham County Council)
Tenure: Freehold
Parking options: Off Street
Garden details: Private Garden


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Stamp duty due

Based on a sale price of £65,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

7 Property images

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Further details

  • New Listing: launched in the last 10 days
  • Status: Available
  • Council tax band: A
  • Tenure: Freehold
  • Reference: 521465

Location

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