Fixed price
£95,000
1 bed semi-detached house for saleDorset Avenue, Chester Le Street DH3
1 bed
1 bath
1 reception
EPC Rating: D
Freehold
About this property
Long Term Tenant Currently Situated
Buy-to-Let Opportunity
3 Bedrooms
Three Piece Bathroom
Lounge and Fitted Kitchen
Garden Space
*Investment Opportunity*
- Discover this 3-bedroom, 1-bathroom freehold property located in the sought-after area of Britley, DH3. Currently tenanted for £550 p/m, with an agreed rent increase to £600 p/m, this property offers solid rental returns and growth potential.
Property Highlights:
Style: Spacious 3-bedroom, 1-bathroom house.
Tenancy: Long-term tenant of 15 years, happy to stay with the rent increase, providing stability and continuity.
Current Rent: £550 p/m, increasing to £600 p/m imminently.
Potential Rent: Estimated at £650 p/m, offering further yield growth.
Yield: Based on the upcoming rent of £600 p/m and a purchase price of £100,000, the property offers a strong gross yield of 7.2%.
Freehold: No additional ground rent or service charges, ensuring lower overheads.
This property is an ideal choice for investors seeking a reliable, long-term rental income with minimal hassle. The tenant's proven track record and willingness to accept the rent increase provide confidence in a stable investment.
Act quickly to secure this fantastic opportunity in a high-demand rental market. Contact us today for further details or to arrange a viewing!
- Discover this 3-bedroom, 1-bathroom freehold property located in the sought-after area of Britley, DH3. Currently tenanted for £550 p/m, with an agreed rent increase to £600 p/m, this property offers solid rental returns and growth potential.
Property Highlights:
Style: Spacious 3-bedroom, 1-bathroom house.
Tenancy: Long-term tenant of 15 years, happy to stay with the rent increase, providing stability and continuity.
Current Rent: £550 p/m, increasing to £600 p/m imminently.
Potential Rent: Estimated at £650 p/m, offering further yield growth.
Yield: Based on the upcoming rent of £600 p/m and a purchase price of £100,000, the property offers a strong gross yield of 7.2%.
Freehold: No additional ground rent or service charges, ensuring lower overheads.
This property is an ideal choice for investors seeking a reliable, long-term rental income with minimal hassle. The tenant's proven track record and willingness to accept the rent increase provide confidence in a stable investment.
Act quickly to secure this fantastic opportunity in a high-demand rental market. Contact us today for further details or to arrange a viewing!
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