45 Pinedale Drive, County Durham, DH6 2XG

Description

• PRIME NEW LISTING. We are excited to present this tenanted detached, 2-storey, 4-bedroom house with a driveway and garden located within a prime location in County Durham.

• **The Bungalow, Hedley Terrace, Durham DH6 2UE sold for £215,000 in March 2024**. **The Sycamores, Front Street, Durham DH6 2TG sold for £207,500 in October 2006**.

• This property is an exceptional investment opportunity with immediate income potential, currently rented at £700 per month (£8,400 annually). If realised at the guide price, it would produce an impressive 7% gross yield.

• Indeed, this fantastic opportunity is sure to attract shrewd investors seeking an affordable investment with substantial yield potential. The property's current tenanted status ensures immediate returns on investment.

• Situated near a multitude of local amenities, including parks, restaurants, and coffee shops, this property also offers the convenience of proximity to schools and easy access to public transport.

PRIME NEW LISTING. We are excited to present this tenanted detached, 2-storey, 4-bedroom house with a driveway and garden located within a prime location in County Durham.

The property comprises a welcoming hallway entry, four spacious bedrooms, a well-equipped kitchen, three bathrooms, two reception areas, a generous driveway, a back garden, and ample space throughout for storage.

This property is an exceptional investment opportunity with immediate income potential, currently rented at £700 per month (£8,400 annually). If realised at the guide price, it would produce an impressive 7% gross yield.

Indeed, this fantastic opportunity is sure to attract shrewd investors seeking an affordable investment with substantial yield potential. The property's current tenanted status ensures immediate returns on investment.

Situated near a multitude of local amenities, including parks, restaurants, and coffee shops, this property also offers the convenience of proximity to schools and easy access to public transport.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

The Bungalow, Hedley Terrace, Durham DH6 2UE sold for £215,000 in March 2024. The Sycamores, Front Street, Durham DH6 2TG sold for £207,500 in October 2006.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. 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

County Durham offers a blend of historical charm and modern convenience. Known for its picturesque landscapes and rich history, it provides a vibrant community with easy access to local amenities, making it an ideal location for families and professionals alike.

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.