Summary - 17 SILVERDALE PLACE NEWTON AYCLIFFE DL5 7DZ
3 bed 1 bath Terraced
Income-ready terraced home with garage and garden, ideal for buy-to-let investors.
Tenant in situ achieving £700 pcm, offering 10%+ gross yield potential
This extensively extended three-bedroom end-terrace is offered with a tenant in situ and a strong rental yield above 10% based on current income. The property’s double-fronted facade, well-proportioned rooms and separate garage make it immediate portfolio-ready for investors seeking income and future uplift.
Accommodation includes a living room, dining room, kitchen, ground-floor cloakroom and three first-floor bedrooms (one with a dressing area) plus a family bathroom. Externally there is a landscaped rear garden and a separate garage. The house totals about 1,228 sq ft and sits near local shops, schools and bus routes.
Buyers should note material drawbacks: the building is system-built with assumed no wall insulation, the EPC is D, and the area records high crime and very high deprivation which may limit capital growth and tenant pool. The property is double-glazed and gas centrally heated, but further energy and maintenance works could be needed to improve long-term running costs and marketability.
For investors this is a clear cashflow opportunity with immediate rental income and potential to add value through targeted refurbishment and energy upgrades. For buyers seeking low-risk management, the existing tenancy provides instant return; active purchasers should factor in area considerations and likely retrofit costs.
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