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01483 663001

 

Coronation Terrace, West Cornforth, DL17 9LR - 11% Rental Yield

£65000.00

 

Coronation Terrace, West Cornforth, DL17 9LR - 11% Rental Yield

£65000.00

The property offers practical accommodation arranged over two floors. The ground floor comprises an entrance hall with stairs to the first floor, a lounge, a separate dining area and a kitchen with a useful store cupboard.
Upstairs, the first-floor landing provides access to two bedrooms and a family bathroom.
The planned refurbishment will give the property a refreshed interior, including a new kitchen, redecoration throughout and new carpets or flooring. These improvements are intended to enhance the property's appeal to prospective tenants and provide investors with a more straightforward route into the rental market.
Please note: Some photographs are illustrative examples showing how the property is expected to look once refurbishment work has been completed. They may not represent the property's current condition.
ReadyLet will ensure that the property meets at least the applicable Durham Decent Homes Standard as part of the refurbishment process.
To provide additional peace of mind, the sale will also include a six-month warranty covering snagging issues relating to refurbishment work carried out, free of charge during your first six months of ownership.
Our aim is to help investors purchase with greater confidence, with refurbishment work completed to the required standard and support available should snagging issues arise.
Find out more about our property refurbishment process.
ReadyLet can help arrange ongoing property management through our trusted local letting agents, giving you access to local expertise and support with the day-to-day running of your investment.
Whether you're purchasing your first buy-to-let property or expanding an existing portfolio, our aim is to make investing in North East property as straightforward as possible.
West Cornforth offers investors access to the comparatively affordable property market of County Durham, making it an area worth exploring for those looking to build a buy-to-let portfolio.
For landlords focused on rental yield and purchase price, the North East of England provides an alternative to higher-priced property markets elsewhere in the UK. Carefully selected properties can offer attractive rental potential while allowing investors to make their capital work harder.
This two-bedroom mid-terrace house combines freehold ownership, planned refurbishment and a projected gross rental yield of approximately 11%, making it an opportunity worth considering for investors exploring buy-to-let properties in West Cornforth and high-yield investment opportunities across County Durham.
ReadyLet specialises in sourcing and selling investment properties across the North East of England, helping investors identify opportunities with attractive rental potential.
Whether you're buying your first investment property or expanding an established portfolio, we aim to simplify the process through local property knowledge, refurbishment support and access to trusted letting agents.
Contact ReadyLet today on 01483 663001 or info@readylet.co.uk to discuss this property, request further details or explore other buy-to-let investment opportunities across County Durham and the wider North East.
High-Yield Buy-to-Let Investment: Refurbished 2-Bedroom Mid-Terrace House in West Cornforth, County Durham

Property Information Pack
An attractive rental investment offering a projected 11% gross rental yield, a new kitchen and refreshed interiors, with a six-month warranty on refurbishment works and tenants eligible for an insurance-backed rental guarantee.
Looking for a high-yield buy-to-let property in County Durham? This freehold, two-bedroom mid-terrace house in West Cornforth presents an appealing opportunity for investors seeking affordable property with strong rental income potential in the North East of England.
The property is undergoing refurbishment, including a new kitchen, fresh redecoration throughout and new carpets or flooring. The refurbishment works come with a six-month warranty on works carried out, providing additional reassurance for the buyer.
With an anticipated rental income of £600 per calendar month, the property is expected to generate £7,200 in annual rental income once let. Tenants will also be eligible for an insurance-backed rental guarantee, subject to the applicable eligibility criteria, policy terms and conditions.
For investors looking to expand their portfolio or enter the North East property market, this property combines planned refurbishment improvements with attractive projected rental returns and additional reassurance through the refurbishment warranty and rental guarantee eligibility.
Property Details
  • Property Type: Two-bedroom mid-terrace house
  • Tenure: Freehold
  • Location: West Cornforth, County Durham
  • Expected Monthly Rental Income: £600
  • Expected Annual Rental Income: £7,200
  • Projected Gross Rental Yield: 11%
  • Current EPC Rating: E
  • Expected EPC Rating: C or D following refurbishment, subject to assessment
  • Refurbishment: New kitchen, redecoration throughout and new carpets or flooring
  • Refurbishment Warranty: Six-month warranty on refurbishment works.
  • Tenancy: Tenants eligible for an insurance backed rental guarantee
 
Rental Income and Investment Returns
With an anticipated rental income of £600 per calendar month, this property is expected to generate £7,200 in annual rent, delivering a projected gross rental yield of approximately 11%, based on the advertised purchase price.
For investors searching for high-yield buy-to-let properties in County Durham, this offers an opportunity to invest in a property with planned refurbishment improvements and attractive rental income potential.
Investment figures at a glance:
  • Expected monthly rental income: £600
  • Expected annual rental income: £7,200
  • Projected gross rental yield: approximately 11%
 
 
 
 
 

 

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