Vaughan Street, Shildon

INVESTORS ADD TO YOUR PORTFOLIO OPPORTUNITY WITH TENANT IN SITU

An attractive opportunity to acquire a three-bedroom mid-terrace property in Shildon, currently occupied and producing £140 per week (£7,280 per annum), representing an approximate 9.1% gross rental yield at the asking price of £80,000.

The property offers two good-sized bedrooms plus a third bedroom/box room, spacious lounge and dining areas, kitchen and bathroom, along with a front garden, rear yard and two useful outbuildings.

A great proposition for investors seeking immediate rental income with the opportunity to add value through refurbishment.

The above yield is calculated on the stated asking price and current rental income. Buyers should carry out their own due diligence and satisfy themselves regarding the property's condition and required works.

Entrance Hall

UPVC door to hallway

Dining Room

Window, radiator double doors leading to

Living Room

Window, radiator

Kitchen

Wall and floor cupboards, free standing cooker, stainless steel sink with mixer tap, windows, radiator

First Floor

Bedroom One

Window, radiator

Bedroom Two

Window, radiator

Bedroom Three

Window, radiator

Bathroom

White 3 pc bathroom suite

Outside

Garden to the front, rear yard with 2 out buildings

Disclaimer

Property Particulars and Material Information

These particulars are prepared in good faith as a fair, clear and general guide to the property. They do not form part of any offer or contract and must not be relied upon as a statement of fact, warranty or representation. While we aim to ensure information is accurate and up to date, buyers and tenants should verify all details through inspection, survey, searches, enquiries with relevant authorities and legal advice before proceeding.

If any matter is important to you, including services, restrictions, costs, planning, boundaries, rights of way, tenure, lease terms, charges, flood risk, building safety, broadband/mobile availability, parking or utilities, please ask us for clarification before viewing, travelling, making an offer or incurring expense.

Disclaimer

Measurements, Floor Areas and Plans

All measurements, dimensions, floor areas, room sizes, distances, plans and floorplans are approximate, for guidance only and may not be to scale. They should not be relied upon where accuracy is essential, and buyers or tenants should check critical measurements independently.

Services, Systems and Appliances

Unless expressly stated, we have not tested any services, systems, utilities, heating, electrics, plumbing, drainage, fixtures, fittings or appliances. No warranty is given as to their condition, safety, compliance, availability or working order. Buyers and tenants should arrange their own inspections or professional reports before proceeding.

Disclaimer

Limitation of Representations

No employee, agent or representative has authority to make or give any representation, warranty or guarantee about the property unless confirmed in writing by the seller, landlord or their legal representative. References to alterations, use, planning, building regulations, guarantees, certificates, consents, rights, restrictions or title matters should be independently verified.

Identification and Anti-Money Laundering Requirements

Prospective purchasers and relevant parties may be required to provide proof of identity, proof of address and, where applicable, evidence of source of funds in line with current anti-money laundering requirements. Please provide requested information promptly to avoid delays.