2 bed terraced house for sale

Alexandra Terrace, Wheatley Hill DH6

Investment Opportunity | Two-Bedroom Property | Vacant Possession | Value-Add Potential
Century Three is pleased to present this low-entry investment opportunity in Wheatley Hill, County Durham, offering investors the potential to refurbish, add value and create a strong rental asset.

The property is available at a purchase price of £39,995, with £5,000 fees and an estimated £5,000 minor refurbishment budget. This provides a relatively low capital entry point for investors looking for their next North East buy-to-let project.
Currently arranged as a two-bedroom property and offered with vacant possession, the property is stated to have potential to be reconfigured into three bedrooms, subject to the necessary building regulations, permissions and suitability of the existing accommodation.
Following refurbishment, potential rental income is estimated at approximately £600 per calendar month, equivalent to £7,200 per annum. This provides scope for an attractive rental return alongside the potential to increase the property's value through refurbishment and reconfiguration.

Key Features: £39,995 purchase price | £5,000 fees | Approx. £5,000 minor refurbishment | Two bedrooms | Potential three-bedroom reconfiguration | Vacant possession | Approx. £600 pcm potential rent | £7,200 potential annual income | Low capital entry point | Buy-to-let and value-add opportunity

At the stated £39,995 purchase price, the transaction may fall below the current sdlt consideration threshold, depending on the purchaser's circumstances and how the transaction is structured. Buyers should obtain independent tax advice rather than relying on a guaranteed “no stamp duty” position.