Milton Grove, Shotton Colliery... 4 bed semi

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Milton Grove, Shotton Colliery... 4 bed semi

Milton Grove, Shotton Colliery, Durham, Durham, DH6 2RD
£80,000

Our Summary

  • TO BE SOLD VIA Online Auction – Fees Apply TENANTED INVESTMENT OPPORTUNITY We are pleased to present this well-presented end-terrace home, ideally situated close to local amenities, schools, and excellent transport links, including easy access to the A19 in both directions
  • Investment Highlights: Currently generating a gross rental income of £630 per calendar month (£8,190 per annum) Potential to increase to the current market rate of approximately £9,100 per annum Dependable tenants already in place Turnkey investment offering consistent returns This property represents a fantastic opportunity for landlords seeking a hassle-free addition to their portfolio or families ready to take the next step on the property ladder

Description

This tenanted investment opportunity is a well-presented end-terrace home located near local amenities, schools, and transport links. The property features a spacious lounge/diner, modern kitchen, and four well-proportioned bedrooms, as well as a family bathroom and downstairs w/c. The exterior benefits from an enclosed front garden, driveway parking for two vehicles, and a low-maintenance south-west facing garden. The property is currently generating a gross rental income of £630 per month, with potential to increase to £9,100 per annum, making it a fantastic opportunity for landlords or families looking to invest in a hassle-free property with consistent returns.