3 bedroom town house

The Chequers, Consett DH8 7EQ

Size: 80 sqm

Purchase price

£119,995

Size: 80 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,300
Ground rent £100
Lettings fees £630
Net income £5,570
Gross yield 5.25%
Net yield 4.64%

FANTASTIC INVESTMENT OPPORTUNITY!! Beautiful 3-bedroom townhouse only 30 minutes away from both Durham and Newcastle with the North Pennines on its doorstep!


This immaculate townhouse comprises of spacious living and dining areas, a fitted kitchen with ample storage and countertop space and patio doors leading into the back garden. Meanwhile upstairs boasts 3 generously sized bedrooms with an en-suite shower room for the master bedroom and a family bathroom complete with 3-piece suite. This townhouse is being offered unfurnished so that your tenants can truly make this house a home.

With the North Pennines right on its doorstep, this property couldn’t be in a more beautiful location, perfect for those who enjoy long country walks and amazing views! This property is also ideally located within the commuter belt for both Durham and Newcastle city centres, being only a 30 minute drive away from both, meaning that there will always be plenty of interest from tenants working in both cities looking for a cheaper rental price whist still being close enough to enjoy everything that both cities have to offer.

A fantastic place to live, work and play, Newcastle was named as the number one place to visit in the world in 2018 by The Rough Guide and boasts one of the fastest growing economies in the country. This is of benefit to Newcastle’s surrounding areas such as County Durham – a county which has a rich heritage in industry – which currently has the UK’s best record for job creation, thanks in part to Newcastle’s rising property prices and ever increasing demand which drives people to surrounding postcodes.

This is an excellent investment opportunity which is sure to sell quickly. Enquire today!

Interested in this property? Enquire today for more information

Key features

Key features

NET yield of 4.29%

Key features

30 minutes away from Newcastle

Key features

30 minutes away from Durham

Key features

North Pennines nearby

Key features

3 bedrooms

Key features

En-suite

Key features

Fitted kitchen

Key features

Front and rear gardens

Key features

Gas central heating

Key features

Driveway parking

FANTASTIC INVESTMENT OPPORTUNITY!! Beautiful 3-bedroom townhouse only 30 minutes away from both Durham and Newcastle with the North Pennines on its doorstep! More info...

This immaculate townhouse comprises of spacious living and dining areas, a fitted kitchen with ample storage and countertop space and patio doors leading into the back garden. Meanwhile upstairs boasts 3 generously sized bedrooms with an en-suite shower room for the master bedroom and a family bathroom complete with 3-piece suite. This townhouse is being offered unfurnished so that your tenants can truly make this house a home.

With the North Pennines right on its doorstep, this property couldn’t be in a more beautiful location, perfect for those who enjoy long country walks and amazing views! This property is also ideally located within the commuter belt for both Durham and Newcastle city centres, being only a 30 minute drive away from both, meaning that there will always be plenty of interest from tenants working in both cities looking for a cheaper rental price whist still being close enough to enjoy everything that both cities have to offer.

A fantastic place to live, work and play, Newcastle was named as the number one place to visit in the world in 2018 by The Rough Guide and boasts one of the fastest growing economies in the country. This is of benefit to Newcastle’s surrounding areas such as County Durham – a county which has a rich heritage in industry – which currently has the UK’s best record for job creation, thanks in part to Newcastle’s rising property prices and ever increasing demand which drives people to surrounding postcodes.

This is an excellent investment opportunity which is sure to sell quickly. Enquire today!

  • Key features
    Tick Desktop NET yield of 4.29%
    Tick Desktop 30 minutes away from Newcastle
    Tick Desktop 30 minutes away from Durham
    Tick Desktop North Pennines nearby
    Tick Desktop 3 bedrooms
    Tick Desktop En-suite
    Tick Desktop Fitted kitchen
    Tick Desktop Front and rear gardens
    Tick Desktop Gas central heating
    Tick Desktop Driveway parking
  • LocationLocation
  • EPCEPC

*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.

Breakdown
Financial performance*
Gross rent £6,300
Ground rent £100
Lettings fees £630
Net income £5,570
Gross yield 5.25%
Net yield 4.64%

*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.