2 bedroom terraced house for sale
Key information
Property description & features
- 2 Bed End Terraced House
- Scope to convert to 3 bed with planning permission
- Lounge & Dining Room
- Vacant, No Onward Chain
- Freehold
- Central Location
- Large property - 93sqmt
Full Description - Priced to sell, this is an ideal opportunity for an investor to expand their portfolio with an asset that can give a very large yield. Also potential to add more value and equity through a light refurbishment and upgrade.
A 2 bedroom end terraced house, with a potential to convert to a 3 bed by dividing bedroom 1 into two bedrooms. Similar properties in the area have done the same.
Currently vacant and needing work but once done, has the potential to achieve a gross rent of £500-£550 per calendar month (£6,000-£6600 per annum).
This gives a very healthy yield starting from 13%+.
By adding another bedroom, the rent potential is expected to be £600-650 per calender month (£7,200- £7,800 per annum). And will also increase it's end value.
An experienced and reliable build team is available.
If you are seeking to level up your income and benefit from a high-yielding asset, this is the perfect property to invest in.
This property has been priced to sell to a smart investor who recognises value when they see it.
The property will sell quickly so move quickly to not miss out.
For more information or to arrange a viewing, please contact us today!
More pictures and recorded video walkthrough available.
A fully refundable buyer's premium applies to secure this property.
Council Tax Band A
Epc - EPC Rating - D
EPC Link -
Freehold - We have been informed that the property is Freehold. Interested purchasers should seek clarification of this from their Solicitors.
Property Viewing - Contact Stuart Edwards Estate Agents for an appointment to view.
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Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
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Broadband availability and predicted speed: obtained from Ofcom on February 3, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 3, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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