Just added

Offers in region of

£120,000

3 bed terraced house for sale
Lancelot Close, Newton Aycliffe DL5

    • 3 beds

    • 2 baths

    • 1 reception

  • Freehold

Added on

Northgate Estate Agents

Logo of Northgate Estate Agents

About this property

  • Three-Bedroom Terraced Home in Popular Cobblers Hall

  • Sold with Sitting Tenant in Situ – Ideal Investment Opportunity

  • Current Rental Income £695 pcm – Gross Rental Yield of 6.95%

  • Spacious Lounge with French Doors to Rear Garden

  • Main Bedroom with En-Suite, Enclosed Rear Garden and Driveway Parking

  • Energy Efficiency Rating: Tbc

We are delighted to present to the market this well-presented three-bedroom terraced home, situated within the ever-popular Cobblers Hall development in Newton Aycliffe. Offered for sale with a sitting tenant in situ, currently generating a rental income of £695 per calendar month (£8,340 per annum), representing an attractive gross rental yield of approximately 6.95% based on the asking price of £120,000. This property presents an excellent opportunity for investors looking to add to their property portfolio.

The accommodation briefly comprises a welcoming entrance hallway, a convenient ground-floor WC, a fitted kitchen offering a range of wall and base units with contrasting work surfaces and integrated oven and hob, and a spacious lounge with French doors opening directly onto the rear garden, allowing plenty of natural light to fill the room.

To the first floor are three bedrooms, including a main bedroom benefiting from its own en-suite shower room. The remaining bedrooms offer versatile accommodation, ideal for use as additional bedrooms or a home office, and are complemented by a family bathroom.

Externally, the property benefits from a driveway providing off-street parking to the front. To the rear is an enclosed garden, mainly laid to lawn with a paved patio area, offering a pleasant outdoor space.

Ideally positioned within the popular Cobblers Hall area, the property enjoys convenient access to local schools, shops, amenities and transport links.

Hallway

12'0" x 3'1" (3.67m x 0.95m)

WC

5'9" x 2'5" (1.76m x 0.76m)

Kitchen / Diner

11'11" x 8'9" (3.64m x 2.67m)

Lounge

11'11" x 14'11" (3.64m x 4.55m)

Bedroom 1

10'10" x 9'5" (3.30m x 2.87m)

En-Suite

5'8" x 5'3" (1.74m x 1.63m)

Bedroom 2

6'8" x 8'5" (2.04m x 2.57m)

Bedroom 3

9'4" x 6'2" (2.86m x 1.89m)

Bathroom

6'2" x 5'6" (1.89m x 1.69m)

Parking - Driveway

Zoopla tools

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

Local area information

Zoopla insights

Sign in and gain expert analysis to make informed decisions.

More information

  • Tenure

    Freehold

  • Council tax band

    B

  • Ground rent

    £0

See all recent sales in DL5

Property descriptions and related information displayed on this page are marketing materials provided by - Northgate Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Northgate Estate Agents for full details and further information.