Summary - 14 WYLAM STREET BOWBURN DURHAM DH6 5BD
2 bed 1 bath End of Terrace
**Standout Features:**
- End-of-terrace traditional red-brick property
- Two bedrooms and one bathroom
- Average size of 814 sq. ft.
- Freehold tenure with very cheap council tax
- Current rental income of £500 pcm (8% yield)
- Excellent mobile signal and fast broadband speeds
- Close to good local schools and community amenities
**Potential Concerns:**
- Requires renovation for modernization
- High crime rate in the area
- Limited curb appeal
This charming end-of-terrace house in DH6 5BD offers a unique opportunity for both first-time buyers and savvy investors. With two cozy bedrooms, a mid-20th century living room featuring a fireplace, and double-glazed windows, the property has the bones of a potentially beautiful home or a strong rental investment. Presently generating an attractive rental income of £500 per month, it boasts a solid yield of 8%, making it an excellent addition to any property portfolio, especially when considered with the option to purchase neighboring properties for added investment potential.
While the property does need some renovation to modernize and increase its value, its placement in an affluent suburban community with fast broadband and essential amenities nearby presents an appealing aspect for families and renters alike. Good local schools cater to families, ensuring lasting appeal in the rental market. The estate is situated in a small town with a vibrant community, complete with shops and recreational facilities. This property’s condition and the need for attention can be viewed as a canvas for personalized upgrades—turning it into your dream home or a profitable investment. Don’t miss the chance to make this property your own!
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