24 Phalp Street, South Hetton, DH6 2ST

Description

• PRIME NEW ENTRY. We are excited to present this excellent 3-bedroom mid-terrace property, situated in a prime location in South Hetton.

• For rental purposes, the property is currently tenanted at £650 p/m (£7,800 p/a). Excellent turnkey investment. Property could potentially attract £695 - £750 p/m. Property is available with vacant possession. 

• **39 Phalp Street, Durham, DH6 2ST Previously sold for £102,000. 33 Phalp Street, Durham, DH6 2ST Previously sold for £105,000**

• Sure to appeal to shrewd investors looking for a property in an area with great rental demand or owner occupiers looking for an excellent new home.

• Property is situated in a prime location, close to schools and amenities and is just a short 11 minute walk from South Hetton Train Station

We are excited to present this excellent 3-bedroom mid-terrace property, situated in a prime location in South Hetton.

Property Comprises:Entrance Hallway, Living Room, Kitchen, Bathroom, 3 spacious double bedrooms. Property benefits from spacious front and back garden and ample storage space throughout.

Property currently achieves £7,800 per annum. Excellent yield potential. Property could potentially achieve £8,400-£9,000 per annum.

Property is freehold and benefits from no service charge or ground rent, ensuring minimal ongoing costs.

For owner occupiers, the property is available with Vacant Possession. 

Sure to appeal to shrewd investors looking for a property in an excellent location with great capital growth potential.

Sales Evidence: 

**39 Phalp Street, Durham, DH6 2ST Previously sold for £102,000. 33 Phalp Street, Durham, DH6 2ST Previously sold for £105,000**

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in the timed online auction at the end of the month. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

South Hetton is a small former mining village in County Durham, about six miles from Durham City and seven from Sunderland. It offers affordable housing, a quiet lifestyle, and a friendly community, making it attractive to families, first-time buyers, and commuters. With good road links and nearby employment in Durham and Sunderland, it combines rural living with convenience.

For investors, South Hetton provides low entry costs, solid rental yields, and steady long-term growth potential, supported by ongoing regeneration and new housing developments. While amenities are limited, its affordability and location make it a practical choice for both living and investment in the North East.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.