Welcome to High Street North, a three-bedroom, one-bathroom terraced house that presents a prime investment opportunity for investors looking to expand their portfolio. Located in the DH7 area, this property offers the advantage of a secure tenancy with reliable tenants already in place. Keep reading to find out what makes this property unique!
Great Investment 11% YIELD - Tenant in Situ - Rent from Day 1:
This property comes with a fantastic investment opportunity as it currently has a tenant in situ. Whether you're an experienced investor or looking to start your property investment journey, having a reliable tenant already in place provides immediate rental income and reduces any initial void periods.
Enclosed Yard:
Outdoor space is a desirable feature for tenants and results in longer tenancies. This is key when looking for a good investment deal.
Popular Location:
This property enjoys a prime location with easy access to essential amenities such as schools, shops, takeaways, and other everyday necessities. This property is also only a 9-minute drive from Durham Market Place. Its convenient position ensures the property will always attract tenants.
Downstairs you are greeted by a warm living room, as well as a bright kitchen with appliances including a cooker, fridge-freezer and a washing machine. The ground floor also has a second reception room that can either be used as a second living room or even another bedroom.
Upstairs there are three bedrooms, two spacious double bedrooms, and one single bedroom. You also have a family bathroom, complete with a bath and detachable shower head.
Externally you have an enclosed yard to the rear of the house with a small outdoor shed.
Early viewing is highly recommended.
Council Tax Band: A (Durham County Council) Tenure: Freehold