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SOLD STC

Luke Terrace, Wheatley Hill

PROPERTY TYPE

End of Terrace

BEDROOMS

2

BATHROOMS

1

SIZE

786 sq ft

73 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

33LukeTerrace-High.jpg
1

Key features

  • Tenants in situ paying £600PCM – income from day one
  • Rental Yield of 9.6%!
  • All legal certificates in place – EPC, EICR & Gas Safety (CP12)
  • Strong rental and homeowner demand area in County Durham
  • Spacious 2-bed semi-detached – popular rental type
  • Modern kitchen & bathroom – no immediate work required
  • Off-street parking & private garden
  • Recently Fully Refurbished for a Modern Top Spec Rental
  • Fully referenced tenants recently moved in
  • Buyers Fee Applicable of £3,600+VAT

Description

Prime Buy-to-Let Investment Opportunity – Tenants in Situ | £600PCM Rental Income | Fully Managed

We are pleased to offer to the market this attractive two-bedroom semi-detached property, located in the popular rental area of Wheatley Hill, County Durham. This is a ready-made investment opportunity, sold with tenants in situ, currently achieving £600 per calendar month.

The tenants have recently moved in, with full referencing and tenancy setup completed by Horizon Sales & Lettings, who also professionally manage the property — offering a hassle-free, hands-off investment for any landlord.

All legal compliance certificates are in place, including:
EPC
EICR (Electrical Installation Condition Report)
CP12 (Gas Safety Certificate)

Property Overview:
Spacious living room to the front aspect
Modern kitchen with fitted wall and base units, breakfast bar, and space for appliances
Bathroom with panelled bath and overhead shower, screen, chrome towel radiator, WC, and vanity wash basin
Two generous double bedrooms upstairs, the master featuring a large built-in storage cupboard and countryside views
Externally:
Off-street parking and a good-sized low-maintenance front garden
Rear gravelled yard for ease of upkeep

This is a fantastic opportunity to acquire a turnkey investment property with reliable tenants already in place, immediate income from day one, and professional management for peace of mind.

Buyers Fee Applicable of £3,600+VAT

Brochures

Luke Terrace, Wheatley Hill
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.
Driveway
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.
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Luke Terrace, Wheatley Hill

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Extension potential
Recently sold & under offer
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About PROPERTY EXPRESS SALES, Middlesbrough

57 Gilkes Street, Middlesbrough, TS1 5EL

At Property Express, we're more than just your local estate agents - we're a dedicated team of property professionals who genuinely care about helping people find the right home, investment, or opportunity. Whether you're buying your first home, selling a family property, or looking to grow a high-performing portfolio, we're here to guide you every step of the way with warmth, honesty, and expertise.

We specialise in residential sales across the North East, combining deep local knowledge with a personalised, hands-on approach to ensure every client feels supported and confident throughout the process.

What truly sets us apart is our partnership with Horizon Property Group, which allows us to offer a unique and tailored service for property investors. From identifying below-market-value opportunities to sourcing turnkey investments and managing long-term rental strategies, we're proud to help both new and seasoned investors build successful portfolios with confidence.

Whether you're looking to sell, invest, or find your next home, we'd love to help. At Property Express, it's not just about property - it's about people, relationships, and long-term success

Your mortgage

Per year
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Choose between 1 and 40 years
Years
%
Monthly repayments
£343
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 34252930. 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 PROPERTY EXPRESS SALES, Middlesbrough. 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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