Presented by : Dowen Bishop Auckland : To View, Telephone 01388 607889
OIRO £70,000
STORE TERRACE, EASINGTON LANE, HOUGHTON LE SPRING, TYNE AND WEAR, DH5 DH5 0JZ
Available
3 Bedroom Terraced
3 Bedroom Terraced
<p>Turnkey Tenanted Investment | £475 PCM Income | 8.1% Gross Yield
</p><p>4a Store Terrace, Easington Lane, Houghton le Spring, DH5 0JZ
</p><p>Asking Price: £70,000 | Freehold | Tenanted | Council Tax Band: A
</p><p>Aycliffe Homes are proud to offer this solid, income-generating buy-to-let in the ever-popular Easington Lane area — fully tenanted, well maintained, and returning £475 PCM from day one.
</p><p>This spacious three-bedroom mid-terrace is in great condition throughout and sits within walking distance of the local high street, schools, and key transport routes linking to Durham, Sunderland, Newcastle and Seaham. It's the kind of property that rents easily and stays let.
</p><p>Key Features:
</p><p>£5,700 annual rental income
</p><p>Strong 8.1% gross yield
</p><p>Tenant in situ – no voids, no hassle
</p><p>Three good-sized bedrooms
</p><p>Spacious lounge + kitchen/diner
</p><p>Downstairs WC & family bathroom
</p><p>Enclosed front & rear gardens
</p><p>Double glazing & gas central heating
</p><p>Turnkey condition – no work needed
</p><p>Investment Snapshot:
</p><p>Purchase Price: £70,000
</p><p>Rent: £475 PCM / £5,700 PA
</p><p>Gross Yield: 8.1%
</p><p>Condition: Excellent – ready to go
</p><p>Let Status: Tenant in place and settled
</p><p>These are the type of investments that just work — affordable, low maintenance, easy to manage, and in a location where rental demand is always strong. Whether you're just starting out or growing your portfolio, this one ticks all the right boxes.</p>
WE CANNOT VERIFY THE CONDITIONS OF ANY SERVICES, FIXTURES, FITTINGS ETC AS NONE WERE CHECKED. ALL MEASUREMENTS APPROXIMATE.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON ANY MORTGAGE OR LOAN SECURED ON IT.
These are draft particulars awaiting vendors approval. They are relased on the understanding that the information contained may not be accurate.