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Poplar Street, Stanley, County Durham, DH9

Key features

  • Buy-to-let property investment
  • Two bedroom terrace
  • Current net yield of 8.4%
  • Being sold with the current tenant in situ
  • Strong rental income of £420pcm

Description

Overview
An excellent turnkey buy to let investment, this well presented two bedroom mid terrace is located in a popular residential area of DH9. The property is being sold with long term tenants in situ, providing immediate income from day one.
With a strong rental history, low void risk, and affordable entry price, this is an ideal addition to any investment portfolio.
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Key Features
* 2 bedroom mid terraced home
* Tenants in situ - income from completion
* Current rent: £420 per calendar month
* Freehold tenure
* EPC Rating: C - increasingly desirable for long term compliance
* Located close to transport links, amenities, schools, and local employment centres
* Low maintenance investment with consistent rental demand
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Financials
* Asking Price: £60,000
* Current Rental Income: £420 PCM / £5,040 per annum
* Gross Yield: Approx. 8.4%
This yield outperforms many comparable properties in the region and represents a strong return at an accessible price point.
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Investment Highlights
Immediate Income
With tenants already in place and paying reliably, this is a hands off investment that delivers instant returns.
Strong Yield Performance
At 8%+, the property performs well against local and national averages, making it highly attractive for investors looking to grow their passive income.
Energy Efficient EPC C Rating
Properties with higher EPC ratings are increasingly sought after due to evolving rental legislation and tenant preferences.
Freehold Ownership
No service charges or ground rent, maximising your net return.
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Location
Positioned in a well established residential area, 38 Poplar Street benefits from:
* Good access to public transport
* Local shops and amenities
* Nearby schools and community services
* Strong long term rental demand
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Summary
38 Poplar Street, DH9 7AY offers an affordable, high yield, ready made investment opportunity with tenants already in place. It is ideal for both new landlords and experienced investors seeking stable returns and long term rental performance.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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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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Poplar Street, Stanley, County Durham, DH9

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About Pure, Manchester

The Lightwell, 61-63 Brown Street Manchester M2 2JG

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

Affordability

Monthly repayments£274
Property: £ 60,000
Deposit: £ 6,000
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference Poplar-Street-Ferryhill. 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 Pure, Manchester. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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