Adelaide Street, Shildon, DL4 1NT, 10% rental yield

£55000.00

 

Adelaide Street, Shildon, DL4 1NT, 10% rental yield

£55000.00


Tenanted 2-bedroom terraced house with views over an open green space.

Property Details

  • The property is freehold.
  • The property briefly comprises of entrance hall with stairs to first floor, lounge and kitchen.
  • First floor landing, 2 bedrooms and a bathroom.
  • EPC D
  • Long term happy tenant

Rental figures

This property is let at £5,280 per annum which is £440 per month, which will give a yield of 10%.

To find out more about the management services that we offer please click on the following link - services-provided-by-ready-to-rent

Refurbishment Work

We are selling this property on behalf of the current landlord, the tenant has lived there for 8 years and is happy with the decor so we will not be doing our usual referbishment and the 6 month snagging guarantee will not apply.  The property is to a minimum of the Durham Decent Homes Standard  and also to the standard for the current selective licensing conditions, at the point of sale.  Some redecoration may be neccessary if/when they move out .  

The photos used were from before the current tenant moved in.

Location

 

Shildon is a great area for rental properties and for first time buyers.  

LINK TO GOOGLE MAPS 

To find out more please click on the following link - High Yield Locations in County Durham

 

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