3 bedroom semi-detached house for sale

Phillips Close, Durham, DH6 2BW

Full description

Size: 92 sqm

Semi-detached 2 bedroom property with 2 reception rooms and allocated parking. Tenanted for immediate income with a NET yield of 5.92%! more info...

We are pleased to welcome to the market this spacious 2 bedroom semidetached house in the historic county of Durham.

The property features a spacious layout with a large fully fitted kitchen, 2 reception rooms and 2 double bedrooms with the added benefit of both a front and back garden. The property also comes with allocated parking. Situated close to all local amenities as well as being a short 11-minute drive to the famous and historic Durham Heritage Coast.

County Durham is situated in the North East of England and is steeped in both history and culture. The area spans from the east coast of England to the Pennies, and from “the River Tyne to the River Tees

Durham has been named the buy to let hotspot as house prices have been consistently slightly lower than median prices for the North East, which are well below those for England as a whole. Overall, prices have increased from £47,500 in 2000 to £100,000 in 2015, an increase of 111% which continues to grow. House prices are continuing to rise in the area and have seen an increase of 12% alone in the most recent times (Zoopla – October 2018) making for a great investment opportunity.

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Key features

Key features Tenanted for immediate income
Key features Great NET yield of 5.92%!
Key features Semi-detached property
Key features Two reception rooms
Key features Allocated parking
Key features Close to all amenities

EPC

Financial Performance*

Purchase price £60,000
Gross rent £3,900
Ground rent £0
Service charge £0
Lettings fees £351
Net income £3,549
Gross yield 6.5%
Net yield 5.92%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

3 bedroom semi-detached house for sale

Phillips Close, Durham, DH6 2BW, Haswell

Purchase price £60,000
Gross rent £3,900
Ground rent £0
Service charge £0
Lettings fees £351
Net income £3,549
Gross yield 6.5%
Net yield 5.92%

Full description

Semi-detached 2 bedroom property with 2 reception rooms and allocated parking. Tenanted for immediate income with a NET yield of 5.92%! more info...

We are pleased to welcome to the market this spacious 2 bedroom semidetached house in the historic county of Durham.

The property features a spacious layout with a large fully fitted kitchen, 2 reception rooms and 2 double bedrooms with the added benefit of both a front and back garden. The property also comes with allocated parking. Situated close to all local amenities as well as being a short 11-minute drive to the famous and historic Durham Heritage Coast.

County Durham is situated in the North East of England and is steeped in both history and culture. The area spans from the east coast of England to the Pennies, and from “the River Tyne to the River Tees

Durham has been named the buy to let hotspot as house prices have been consistently slightly lower than median prices for the North East, which are well below those for England as a whole. Overall, prices have increased from £47,500 in 2000 to £100,000 in 2015, an increase of 111% which continues to grow. House prices are continuing to rise in the area and have seen an increase of 12% alone in the most recent times (Zoopla – October 2018) making for a great investment opportunity.

Key features

TicksTenanted for immediate income
TicksGreat NET yield of 5.92%!
TicksSemi-detached property
TicksTwo reception rooms
TicksAllocated parking
TicksClose to all amenities

EPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.