Dene Crescent, Shotton Colliery... 2 bed terraced house for sale

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Dene Crescent, Shotton Colliery... 2 bed terraced house for sale

Dene Crescent, Shotton Colliery, Durham, Durham, DH6 2QU
£33,500

Our Summary

  • Investment Potential With a newly replaced slate-effect roof, the property benefits from improved insulation and a longer lifespan, reducing future maintenance costs—a notable asset for potential landlords
  • Based on a conservative rental figure of £550 pcm and an estimated market resale value of £65,000-70,000, this equates to a rental yield of approximately 10%, making this a strong buy-to-let investment opportunity

Description

This two-bedroom mid-terrace home in Shotton Colliery offers a fantastic opportunity for first-time buyers and investors alike. The property boasts a newly replaced slate-effect roof, improving insulation and reducing future maintenance costs. With spacious living areas, gas central heating, and double glazing throughout, it provides a comfortable and energy-efficient living space. The location is ideal, with easy access to primary transport links, local schools, shops, and amenities. The property is situated in a popular residential street, making it a strong buy-to-let investment opportunity with a potential rental yield of approximately 10%. With a conservative estimated market resale value of £65,000-70,000 and a rental figure of £550 pcm, this property is ready to welcome new occupants or generate excellent investment returns.