Summary - 60 Albert Street, Grange Villa DH2 3LS
2 bed 1 bath Terraced
Turn‑key rental with immediate income and modern updates.
Currently let at £600 PCM — immediate rental income
A compact two-bedroom mid-terrace in Grange Villa offered as a turn-key buy-to-let with immediate income. The property is newly renovated with a contemporary kitchen, modern bathroom, and fresh decoration throughout — ready for continuation of the current tenancy.
Currently achieving £600 PCM, this freehold house provides an instant yield at the guide price level advertised. Practical features include double glazing, mains gas central heating with boiler and radiators, and fast broadband — all positives for letting and tenant retention.
Buyers should note the wider location is a very deprived, high-crime area of blue-collar terraces; this will affect long-term capital growth and may influence tenant profiles. On-street parking only, a small rear yard, and no mobile signal at the property are practical limitations. An administration fee of £3,600 (inc VAT) is payable on exchange via the auction process, and sale is by online auction — bidders must register and review the legal pack.
For investors seeking a low-effort income property, this mid-terrace offers immediate rental return and minimal initial works. For owner-occupiers or those targeting strong capital appreciation, the socioeconomic indicators and local crime levels are material factors to consider.
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