Summary - Horsley Close, Stanley, DH9 DH9 6FA
2 bed 1 bath End of Terrace
Two-bed let with long-term tenants and strong gross yield.
Freehold two-bedroom end-of-terrace
A straightforward buy-to-let with long-term tenants in place, this two-bedroom end-of-terrace in Stanley offers reliable income and easy management. The property is freehold, presented in good condition, and benefits from private off-street parking and a rear garden — practical features that support tenant retention and low turnover.
Financially this asset produces a reported annual gross income of £7,800 on a purchase price of £88,000, giving an approximate gross yield of 8.9%. The tenants have occupied the property for several years and intend to remain, so the purchase suits investors seeking immediate income rather than vacant possession or refurbishment-led value uplift.
Material points to note: sale is cash offer only, a Buyers Premium will apply on sale, and the property sits in a generally deprived area. The house is well maintained but set on a small plot and lies within a neighbourhood of working-class terraces, which informs likely rent growth and exit strategies.
Overall this is a pragmatic investment for serious landlords or developers looking for an income-producing, low-maintenance property with clear short-term cash returns. Buyers should review the Let Property Pack and tenancy documents to confirm tenancy terms and compliance before purchase.
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