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01483 663001

 

South View, Coundon, Bishop Auckland , DL14 8NB - 12% Rental Yield (copy)

£57000.00

 

South View, Coundon, Bishop Auckland , DL14 8NB - 12% Rental Yield (copy)

£57000.00

The property offers well-proportioned accommodation, briefly comprising an entrance leading into a spacious lounge and dining area, a kitchen and a downstairs WC.
The first floor comprises a landing, two bedrooms and a family bathroom.
Already occupied by tenants who are happy in the property, this investment offers buyers the opportunity to acquire a tenanted rental property without the immediate need to find new tenants.
As part of the sale, ReadyLet will ensure that the property meets at least the applicable Durham Decent Homes Standard and current selective licensing conditions.
To provide additional reassurance, we will also include a six-month warranty covering snagging issues relating to the specified refurbishment work, free of charge during your first six months of ownership.
Our aim is to help investors purchase with greater confidence, with refurbishment work carried out to the required standards 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 a first-time landlord or building a larger property portfolio, our aim is to make investing in North East property as straightforward as possible.
Coundon, located near Bishop Auckland in County Durham, offers investors access to the North East's comparatively affordable property market.
For landlords seeking to maximise rental yield while keeping initial purchase costs in mind, County Durham is an area worth exploring. The region offers opportunities for investors looking to build a portfolio of rental properties without the higher acquisition costs associated with many other parts of the UK.
This two-bedroom mid-terrace house combines freehold ownership, an established tenancy and an 11% gross rental yield, making it an attractive option for those considering buy-to-let investment in Coundon and the wider County Durham property market.
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 purchasing your first buy-to-let property or expanding an existing 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 information 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 Coundon, County Durham

Property Information Pack

An attractive rental investment offering an 12% gross rental yield, an established tenancy and refurbishment support for added peace of mind.

Looking for a high-yield buy-to-let property in County Durham? This freehold, two-bedroom mid-terrace house in Coundon, near Bishop Auckland, presents an excellent opportunity for property investors seeking strong rental returns in the North East of England.

With a tenant already in place and a rental income of £550 per calendar month, this property offers an established income stream from day one, making it an appealing option for both first-time property investors and experienced landlords looking to expand their portfolios.

Property Details

  • Property Type: Two-bedroom mid-terrace house
  • Tenure: Freehold
  • Location: Coundon, near Bishop Auckland, County Durham
  • Monthly Rental Income: £550
  • Annual Rental Income: £6,600
  • Gross Rental Yield: 11%
  • EPC Rating: D – just one point below a C rating
  • Occupancy: Existing tenants in place

Rental Income and Investment Returns
With a rental income of £550 per calendar month, this property generates £6,600 per year, delivering an gross rental yield of 12%, based on the advertised purchase price.
For investors searching for high-yield buy-to-let properties in County Durham, this property combines an established tenancy with attractive rental income potential.

Investment figures at a glance:

  • Monthly rental income: £550
  • Annual rental income: £6,600
  • Gross rental yield: 11%
  • Existing tenants in place

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