Refurbished and Tenanted 3-Bed Mid-Terrace House

The property is freehold with a rental value of £500 pcm, generating £6,000 per year and offering a 10% yield. It features an entrance with stairs leading to the first floor, where you’ll find a lounge and a spacious kitchen. The first-floor landing provides access to three bedrooms and a bathroom. Located in a desirable area, the property is ideal for both rental investment and first-time buyers. It has an EPC rating of C and requires refurbishment work.

Included in the property price, we will ensure that it meets at least the Durham Decent Homes Standard and complies with current Selective Licensing conditions (durham.gov.uk). As part of the sale, we will also provide a warranty covering any snagging issues on these items free of charge within the first six months of ownership, including the carpets.

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.