Summary - 23, Steavenson Street, Bowburn DH6 5AZ
3 bed 1 bath Terraced
**Standout Features:**
- **Price:** £85,000
- **Type:** Mid-terraced, 3-bed, freehold
- **Size:** 1,084 sq ft
- **Condition:** Good; fresh carpets, minimal updating needed
- **Rental Income Potential:** £650 pcm (approx. 9.2% yield)
- **Chain Free**
- **Local Amenities:** Good schools, various local shops, and community facilities nearby
- **Future Investment Potential:** Option to purchase three additional properties in the same area with investor incentive
**Concerns:**
- **Crime Rate:** High in the area
- **Glazing:** Double glazing installed pre-2002 may need updating soon
- **Insulation:** Solid brick walls, assumed no insulation
This charming three-bedroom mid-terrace property in Bowburn offers an excellent opportunity for savvy investors seeking to grow their portfolio. Priced at £85,000, the home is well-maintained with fresh carpets and an upstairs bathroom, allowing for immediate rental potential with minimal effort. With an attractive rental yield of 9.2%, the property promises steady income in a small-town setting with thriving community amenities and good schooling options, making it attractive for families.
Despite the high crime rate, the area is classified as affluent with a vibrant social scene, making it a compelling option for renters. To unlock even more potential, consider purchasing the other three properties available in the block for a unified investment strategy. Don’t miss out on this chance to secure a profitable investment in Durham—properties like this, especially in thriving neighborhoods, tend not to last long.
3 bedroom terraced house for sale in Steavenson Street, Bowburn, Durham, DH6 — £83,000 • 3 bed • 1 bath • 1001 ft²
2 bedroom end of terrace house for sale in Wylam Street, Bowburn, Durham, DH6 — £75,000 • 2 bed • 1 bath • 814 ft²
3 bedroom semi-detached house for sale in Lawson Road, Bowburn, Durham, DH6 — £160,000 • 3 bed • 2 bath • 743 ft²
2 bedroom end of terrace house for sale in Walker Street, Bowburn, Durham, DH6 — £85,000 • 2 bed • 1 bath • 837 ft²
2 bedroom semi-detached house for sale in Surtees Avenue, Bowburn, Durham, DH6 — £85,000 • 2 bed • 1 bath • 743 ft²
3 bedroom terraced house for sale in St. Johns Crescent, Bowburn, Durham, DH6 — £95,000 • 3 bed • 1 bath • 764 ft²
