Offers over £99,950

3 bed semi-detached house for sale in Tate Avenue, Kelloe, County Durham (ref: RS0417)

Shortlist

Key features

  • Investment Opportunity
  • Tenant In Situ
  • Rent from Day 1
  • Private Driveway
  • Ample Transport Links

Video

This is a three-bedroom semi-detached home on Tate Avenue, DH6, offered to investors with a tenant already in place, making it a ready-made addition to any portfolio.

Sold with Tenant in Situ - Ideal Investment Opportunity:

The property is currently let at £685 PCM, providing immediate rental income from day one. This gives an 8% yield, making it a straightforward, hands-off investment opportunity for landlords looking to expand.

Well-Placed for Access & Amenities:

Situated in Kelloe, the property is approximately 18 minutes from Durham City Centre and just a 3-minute drive from Coxhoe Hall, a notable local landmark. Wingate Quarry Nature Reserve is around 7 minutes away, and there are regular bus routes providing access in and out of the village. The A177 and nearby A1(M) offer convenient road links to Durham, Sunderland and surrounding towns.

Private Driveway Parking:

The property benefits from a private driveway to the front, providing valuable off-street parking, an attractive and practical feature for tenants.

You enter into a carpeted living room featuring an electric fireplace, creating a natural focal point to the space. An archway leads into an alcove area, ideal for use as a small dining space or additional seating area.

To the rear, the kitchen is fitted with cream cabinets and stone-effect worktops, offering a neutral and practical finish. There is ample storage provided by both under-cabinet and overhead units, along with an integrated oven, hob and extractor fan.

The bathroom features tiled walls around the bath and half-tiled walls throughout, giving a clean and functional finish. It includes a bath with a detachable overhead shower head.

Upstairs, the property comprises three bedrooms, one double and two singles, all carpeted. Each room benefits from built-in storage. The main double bedroom includes fitted wardrobes and drawers, the second bedroom has a full wall of built-in wardrobes, and the third bedroom offers a smaller built-in cupboard space.

Externally, there is a large enclosed rear yard with lawned areas, providing usable outdoor space. To the front, the property benefits from a driveway and enclosed front yard.

Tate Avenue is positioned within Kelloe, a village location offering a quieter setting while still providing access to larger towns. With strong road connections via the A177 and A1(M), commuting to Durham and surrounding areas is straightforward. Public transport links and nearby green spaces further enhance the practicality of the location for tenants.

Council Tax Band: A (Durham County Council)
Tenure: Freehold
Parking options: Driveway
Garden details: Rear Garden


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Stamp duty due

Based on a sale price of £99,950 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.

10 Property images

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Further details

  • New Listing: launched in the last 10 days
  • Status: Available
  • Council tax band: A
  • Tenure: Freehold
  • Parking spaces: Driveway
  • Outside spaces: Rear Garden
  • Reference: 705297

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