Victoria Street, Shildon, DL4 1PE - 10% Rental Yield

£69000.00

 

Victoria Street, Shildon, DL4 1PE - 10% Rental Yield

£69000.00


Refurbished and Tenanted 2- Bedroom Mid-terrace House.

Property Details

  • The property is freehold.
  • The property briefly comprises of entrance to large Lounge, and dining area and kitchen
    First floor - landing, 2 bedrooms and a bathroom.
  • The current EPC has expired and will be redone as part of the refurbishment.  Expected to be a C/D following the refurb.
  • This property is getting a full refurbishment included in the advertised price.  New Kitchen, New Bathroom, New Boiler and CH System, Rewire, New Ceilings & New Floorboards as necessary, Redec / Carpets.
  • Property Information Pack

Refurbishment Work

We will ensure that this property is to a minimum of the Durham Decent Homes Standard  and also to the current Selective licensing conditions (durham.gov.uk) and as part of the sale we will also provide a warranty to cover any snagging issues on these items free of charge within your first 6 months of ownership.

Please note that the pictures used are examples of how it will look following the refurb.

To find out more please click on the following link - Refurbishment Work

Rental figures

This property will be let at £550pcm which is £6,600 per annum, which gives a yield of 10%. 

The tenant will be suitable for insurance backed rental guarentee.

We will also set up the ongoing management for you -  Services Provided by Our Trusted Local Agents

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

 

or call: 

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