3 bedroom terraced house

Nightingale Place, Stanley DH96XG

Size: sqm

Purchase price

£85,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,640
Lettings fees £600
Net income £5,040
Gross yield 6.64%
Net yield 5.93%

yieldit is delighted to offer onto the market this delightful three bedroomed terrace property. From the hallway, you will be led into the bright and spacious living room which leads into the fully-fitted kitchen and dining area . To the upstairs you will find 3 good sized bedrooms which are all well presented. The bathroom has a white 3-piece suite with partially tilled walls. The dwelling also has front and rear gardens. This property is sold with sitting tenants, so it will not be suitable for owner-occupiers.

The house also benefits from a fenced field which can only be used by residents and a community hub which is 5 minutes away. Stanley is close to Beamish museum, has a large sports facility and a newly built college. The local area boasts shops, a doctors, dentist and reputable schools. It is also a short 22 minute drive into Durham city centre, making the property ideal for those commuting into the city.

House prices in DH9 are around 73.3% lower than the national average with the average property price in Stanley being £100,223, and the average rent being £916 pcm. That being said, property prices in the area have increased by an impressive 13.7% in the last five years. DH9 is also a popular area with 748 transactions recorded in the past 12 months, compared to the national average of 165.

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! 5.93% NET YIELD! FREEHOLD PROPERTY!

Interested in this property? Enquire today for more information

Key features

Key features

Ideal Investment Opportunity

Key features

5.93% Yield

Key features

Front and Rear Gardens

Key features

Fitted Kitchen

Key features

Double Glazed Windows

Key features

Residential Area

Key features

Freehold

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! 5.93% NET YIELD! FREEHOLD PROPERTY! More info...

yieldit is delighted to offer onto the market this delightful three bedroomed terrace property. From the hallway, you will be led into the bright and spacious living room which leads into the fully-fitted kitchen and dining area . To the upstairs you will find 3 good sized bedrooms which are all well presented. The bathroom has a white 3-piece suite with partially tilled walls. The dwelling also has front and rear gardens. This property is sold with sitting tenants, so it will not be suitable for owner-occupiers.

The house also benefits from a fenced field which can only be used by residents and a community hub which is 5 minutes away. Stanley is close to Beamish museum, has a large sports facility and a newly built college. The local area boasts shops, a doctors, dentist and reputable schools. It is also a short 22 minute drive into Durham city centre, making the property ideal for those commuting into the city.

House prices in DH9 are around 73.3% lower than the national average with the average property price in Stanley being £100,223, and the average rent being £916 pcm. That being said, property prices in the area have increased by an impressive 13.7% in the last five years. DH9 is also a popular area with 748 transactions recorded in the past 12 months, compared to the national average of 165.

  • Key features
    Tick Desktop Ideal Investment Opportunity
    Tick Desktop 5.93% Yield
    Tick Desktop Front and Rear Gardens
    Tick Desktop Fitted Kitchen
    Tick Desktop Double Glazed Windows
    Tick Desktop Residential Area
    Key features

    Freehold

  • 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 £5,640
Lettings fees £600
Net income £5,040
Gross yield 6.64%
Net yield 5.93%

*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.