The Crescent, Shiney Row, Houghton le Spring, Tyne and Wear, DH4 4RE

£85,000
SSTC
This property listing is now SSTC

3 Bedroom End of Terrace House for sale in Tyne and Wear

1 3 1
  • Spacious End Link House
  • Excellent Investment Opportunity - 8.5% Yield
  • To be Sold with Sitting Tenant - £600pcm
  • 3 Generous Bedrooms
  • Front & Rear Gardens
  • Gas Combi Central Heating
  • Council Tax Band - A
  • EPC Rating - D

An exceptional investment opportunity awaits with this spacious three-bedroom end link house, ideally situated in the popular area of Shiney Row, Tyne and Wear. This property is being offered for sale with a sitting tenant, currently paying £600 per calendar month, providing an attractive immediate income stream and an impressive potential yield of 8.5%.
The property itself is a well-proportioned end link house, offering ample living space spread across its three generous bedrooms, a comfortable reception room, and a family bathroom. The layout is practical and functional, catering well to family living or professional tenants.
Upon entering, you are greeted by a welcoming atmosphere. The main reception room provides a versatile space for relaxation and entertaining, benefiting from natural light. The kitchen, while functional, offers scope for a new owner to modernise and add value, should they wish to do so in the future.
Upstairs, the three bedrooms are all generously sized, providing comfortable accommodation. Each room offers flexibility for various furniture arrangements, ensuring ample personal space for occupants. The family bathroom serves these bedrooms, featuring essential facilities.
Externally, the property benefits from both front and rear gardens, offering valuable outdoor space. The front garden enhances the property's curb appeal, while the rear garden provides a private area for outdoor enjoyment, whether for relaxation. These outdoor spaces are a significant advantage, particularly in this price bracket.
Comfort and efficiency are ensured with gas combi central heating installed throughout the property, providing warmth and hot water on demand.
Located in Shiney Row, the property benefits from good access to local amenities, including shops, schools, and public transport links. Its proximity to major road networks also makes it convenient for commuting to Sunderland, Durham, and Newcastle upon Tyne, enhancing its appeal to a wide range of potential tenants.
This end link house represents a compelling proposition for investors seeking a ready-made income-generating asset with a strong yield in a desirable location. Early viewing is highly recommended to fully appreciate the potential and value on offer.
GROUND FLOOREntrance LobbyLiving Room (4.70m x 4.00m)Kitchen (5.70m x 3.20m)
FIRST FLOORLandingBedroom 1 (3.60m x 3.40m)Bedroom 2 (3.80m x 2.80m)Bedroom 3 (2.80m x 2.70m)Bathroom (2.00m x 1.80m)
MATERIAL INFORMATIONThe following information should be read and considered by any potential buyers prior to making a transactional decision:
SERVICESWe are advised by the seller that the property has mains provided GAS, ELECTRICITY, WATER and DRAINAGE.
WATER METER - No
PARKING ARRANGEMENTS - Street Parking
ELECTRIC CAR CHARGER - No
MOBILE PHONE SIGNALNo known issues at the property.
BROADBAND SPEEDThe maximum speed for broadband in this area is shown by imputing the postcode at the following link here > https://propertychecker.co.uk/broadband-speed-check/
FLOOD RISK RATINGPlease check the online flood risk checker at the following link here > https://www.gov.uk/check-long-term-flood-risk
NORTHEAST OF ENGLAND - EX MINING AREAWe operate in an ex-mining area. This property may have been built on or near an ex-mining site. Further information can/will be clarified by the solicitors prior to completion.
The information above has been provided by the seller and has not yet been verified at the point of producing this material. There may be more information related to the sale of this property that can be made available to any potential buyer.
These particulars are intended to give a fair and reliable description of the property but no responsibility for any inaccuracy or error can be accepted and do not constitute an offer or contract. All measurements are approximate and for guidance only.

Important Information

  • This is a Freehold property.
  • This Council Tax band for this property is: A

Property Ref: 481216

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Kimmitt & Roberts Estate Agents (Houghton Le Spring)

1 Church Street, Houghton Le Spring, Tyne & Wear, DH4 4DJ

0191 5848080

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