2 Bedroom Terraced House

Princes Street, 
Shildon, 
Durham, 
DL4 1AX
SSTC
  • Tenanted
UNMISSABLE INVESTMENT OPPORTUNITY - ABOVE 8% NET RETURN! Take a look at this well maintained two bedroom freehold terraced property in an established residential location.
  • Financial Performance*
Gross rent
£5,400
Net income
£5,400
Gross yield
8.71%
Net yield
8.71%
  • Key Features
  • Excellent investment opportunity
  • Generate immediate income
  • Tenant in situ
  • Freehold mid terraced
  • Two bedrooms
  • Two recepetion rooms
  • Enclosed rear yard
  • Established residential location
  • High yielding - above 8% NET return
  • Walking distance to the town centre

yieldit are delighted to offer to the market this high yielding tenanted investment opportunity which will make a fantastic addition to an investors portfolio. The freehold mid terraced is sold with a tenant in situ generating a fantastic return in excess of 8% NET and can generate you income right from completion.

The property has been recently refurbished and has had a new roof in recent years, it is presented to a superb standard throughout. The accommodation consists of spacious carpeted lounge with large, double-glazed window; dining room; fully fitted modern kitchen; two good-sized bedrooms; family bathroom and enclosed rear yard. Princes Street is ideally located close to a host of everyday amenities, within walking distance of the town centre and Shildon train station. Shildon is an ideal, quiet and friendly commuter base with excellent links to Bishop Auckland, Darlington and the city of Middlesborough which is just a 35-minute drive.

County Durham sits between Newcastle, Sunderland and Hartlepool and is within easy reach of everything the Northeast has to offer. It is well regarded as an area for lucrative investment, with The Telegraph noting that County Durham is an area with some of the best returns for buy-to-let property investors. County Durham is on track to be named the UK’s City of Culture 2025, it’s just one of four locations in the UK to be shortlisted and achieving this status would result in colossal social and economic benefits, create thousands of jobs, boost the economy by millions and improve the lives of residents in the community. The BBC has too announced it will invest at least £25million over the next five years which will create BBC will create 70 digital jobs, increase opportunities and promote the region so now is the perfect opportunity to invest.

  • Financial Performance *
Gross rent
£5,400
Net income
£5,400
Gross yield
8.71%
Net yield
8.71%
*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.
  • Location
  • EPC
Energy Performance Rating