Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1
Agent: Lightning Estates - Tyne & Wear Phone: 0191 392 0321
<p>Lightning Estates are pleased to offer this well-presented two-bedroom terraced property, situated in a convenient residential location in Chester-le-Street.</p> <p>The property is <strong>being sold with a tenant in situ</strong>, producing an income of <strong>£595 PCM (£7,140 per annum)</strong>, making it an excellent addition to an investment portfolio.</p> <p>The accommodation briefly comprises an entrance hallway, spacious lounge with feature fireplace, fitted kitchen with access to the rear yard, two good-sized bedrooms and a family bathroom.</p> <p>Conveniently located close to local shops, schools, public transport links and Chester-le-Street town centre, the property also offers excellent access to the A1(M), Durham and Newcastle.</p> Investment Highlights <ul><li>Tenant in situ</li><li>Current rent: <strong>£595 PCM</strong></li><li>Fixed tenancy until <strong>19 September 2025</strong></li><li>Gross annual income: <strong>£7,140</strong></li><li>Approximate gross yield: <strong>8.4%</strong></li><li>Two-bedroom terraced house</li><li>Popular rental location</li><li>Gas central heating</li><li>Double glazing</li><li>Rear yard</li><li>Ideal buy-to-let investment</li><li>EPC rating C</li></ul> Accommodation <ul><li>Entrance Hallway</li><li>Lounge</li><li>Kitchen</li><li>Two Bedrooms</li><li>Bathroom</li><li>Rear Yard</li></ul> Tenure <p>Freehold</p><br/><b>Water source: Mains.</b><br/><br/><b>Electricity source: Mains.</b><br/><br/><b>Sewerage arrangements: Mains.</b><br/><br/><b>Heating Supply: Central heating (gas).</b><br/><br/><b>Broadband internet type: Others.</b><br/>
