£85,000
2 bed terraced house for saleFrederick Street North, Meadowfield, Durham DH7
2 beds
1 bath
1 reception
EPC Rating: D
- Freehold
Bridgfords - Durham Sales
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About this property
A fantastic opportunity to acquire a well proportioned two bedroom mid terrace property in the sought-after area of Langley Moor, just a short drive from Durham City Centre. This property is perfect for families or investors. Prior to the current teannats, the property was occupied by mature students.
Currently let at a rate of £485 per calendar month, (This is due for review and expected to be closer in line with the current market estimate of £650pcm. This would make the property a 9% Yield!) this property is already generating income, making it an ideal investment property.
Internally, the accommodation briefly comprises a good-sized living room, a fitted kitchen, and a family bathroom on the ground floor. Upstairs, there are two generous double bedrooms.
While the property is in generally good condition, it would benefit from some light cosmetic work, offering the perfect chance to add value and increase rental return or future resale value.
Externally, there is a private rear yard, and on-street parking is available to the front. The property is located in a popular residential street within walking distance of local shops, schools, and transport links, making it attractive to both tenants and owner occupiers.
Call to arrange a viewing!
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