£59,000
2 bed terraced house for saleKing Edward Street, Shildon, County Durham DL4
2 beds
1 bath
2 receptions
EPC Rating: C
- Freehold
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About this property
Excellent investment opportunity
Long standing tenant in situ
Two bedrooms
Two reception rooms
Modern kitchen
Viewing recommended
This two-bedroom mid-terrace property presents an excellent investment opportunity being tenanted by a long-standing occupant of 18 years who is keen to remain in place and willing to pay an increased rent of £490 per calendar month, delivering a 10% gross yield from day one. The home features two reception rooms, a modern kitchen, and a ground floor bathroom. Both bedrooms are equipped with fire escape windows, and safety compliance is up to date with mains-wired heat, smoke, and carbon monoxide detectors installed. An Electrical Installation Condition Report (eicr) was completed in March 2022, providing peace of mind for the next two years. Additionally, the boiler is under warranty until January 2026. This is a low-maintenance, income-generating property ideal for investors seeking reliable returns and long-term tenancy continuity.
Ground Floor Accommodation
Lounge
Dining Room
Kitchen
Bathroom
First Floor Accommodation
Bedroom One
Bedroom Two
Externally
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