Presented by : Dowen Spennymoor : To View, Telephone 01388 819900

£59,000 KING EDWARD STREET, SHILDON, COUNTY DURHAM, DL4 DL4 2EU Under Offer

2 Bedroom Terraced

This two-bedroom mid-terrace property presents an excellent investment opportunity being tenanted by a long-standing occupant of 18 years who is keen to remain in place and willing to pay an increased rent of £490 per calendar month, delivering a 10% gross yield from day one. The home features two reception rooms, a modern kitchen, and a ground floor bathroom. Both bedrooms are equipped with fire escape windows, and safety compliance is up to date with mains-wired heat, smoke, and carbon monoxide detectors installed. An Electrical Installation Condition Report (EICR) was completed in March 2022, providing peace of mind for the next two years. Additionally, the boiler is under warranty until January 2026. This is a low-maintenance, income-generating property ideal for investors seeking reliable returns and long-term tenancy continuity.

GROUND FLOOR ACCOMMODATION 5

Lounge 5

Dining Room 5

Kitchen 5

Bathroom 5

FIRST FLOOR ACCOMMODATION 5

Bedroom One 5

Bedroom Two 5

Externally 5

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.