Braithwaite Street, Shildon, County Durham, DL4
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- TENANTED PROPERTY WITH 10% YIELD FROM DAY ONE
- THREE SPACIOUS BEDROOMS
- TWO RECEPTION ROOMS
- NOT OVERLOOKED TO THE FRONT OR REAR
- BAXI BOILER WITH OVER 4 YEAR WARRANTY REMAINING
- EICR CARRIED OUT IN SEPT 2022
- LONG STANDING TENANT OF NINE YEARS
Description
This well-presented three-bedroom mid-terrace property offers an excellent investment opportunity with a long-standing tenant in place. The current tenant has been residing at the property for nine years and has expressed a desire to remain. They are willing to increase their rent to £560 per calendar month, providing a strong 10% yield from day one based on the proposed rental income. Internally, the property features a practical layout comprising an entrance hall, a spacious lounge, a separate dining room, and a fitted kitchen on the ground floor. Upstairs, there is a landing leading to three good-sized bedrooms and a family bathroom. The home is equipped with a modern Baxi boiler that still has over four years remaining on its warranty, ensuring efficient heating and peace of mind for the new owner. An Electrical Installation Condition Report (EICR) was carried out in September 2022, and the property benefits from mains-wired smoke, heat, and carbon monoxide detectors. Externally, there is a private rear yard. The property is Iin a quiet street and is not overlooked to either the front or the rear, offering a greater sense of privacy. This is a low-maintenance, tenant-ready investment with stable rental income and solid compliance standards already in place, making it an ideal addition to any landlord's portfolio.
GROUND FLOOR ACCOMMODATION
Entrance Hall
Lounge
3.61m x 3.3m - 11'10" x 10'10"
Dining Room
3.81m x 3.38m - 12'6" x 11'1"
Kitchen
FIRST FLOOR ACCOMMODATION
First Floor Landing
Bedroom One
3.4m x 3.21m - 11'2" x 10'6"
Bedroom Two
3.45m x 2.44m - 11'4" x 8'0"
Bedroom Three
3.4m x 2.9m - 11'2" x 9'6"
Bathroom
3.61m x 1.98m - 11'10" x 6'6"
REAR YARD
VIEW TO THE FRONT
VIEWS TO THE REAR
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Braithwaite Street, Shildon, County Durham, DL4
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Visit our security centre to find out moreDisclaimer - Property reference 10698548. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dowen, Spennymoor. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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