For saleShildon
Vaughan Street, Shildon, DL4
INVESTORS ADD TO YOUR PORTFOLIO OPPORTUNITY WITH TENANT IN SITU
An attractive opportunity to acquire a three-bedroom mid-terrace property in Shildon, currently occupied and producing £140 per week (£7,280 per annum), representing an approximate 9.1% gross rental yield at the asking price of £80,000.
The property offers two good-sized bedrooms plus a third bedroom/box room, spacious lounge and dining areas, kitchen and bathroom, along with a front garden, rear yard and two useful outbuildings.
A great proposition for investors seeking immediate rental income with the opportunity to add value through refurbishment.
The above yield is calculated on the stated asking price and current rental income. Buyers should carry out their own due diligence and satisfy themselves regarding the property's condition and required works.
