Summary - 32 BAFF STREET SPENNYMOOR DL16 7TZ
3 bed 2 bath Terraced
**Standout Features:**
- Three bedrooms and two receptions
- Good rental yield with tenant in situ paying £725pcm (over a 9% yield)
- Affordable Council Tax Band A
- Private rear yard and on-street parking
- EPC Grade D
- Located in Spennymoor with excellent mobile and fast broadband signals
**Concerns:**
- Average-sized property in a deprived area
- High crime rate
- Potential need for maintenance due to age (constructed 1930-1949)
- Solid brick walls with no known insulation
Discover an investment opportunity with this three-bedroom mid-terraced home in Spennymoor, perfect for first-time buyers or savvy investors. This property boasts two welcoming reception areas and a manageable garden, ensuring cozy living spaces for families or tenants. The tenant currently in place offers a strong yield, making it an attractive option for income generation in a sought-after rental market.
While the property does come with certain challenges, such as being located in a deprived area with higher crime rates and average condition, its excellent mobile signal and fast broadband compatibility ensure modern living. Additionally, nearby schools have solid ratings, making it a family-friendly option. With a competitive price of £92,250, this is an opportunity to secure a home offering future potential and valuable rental returns. Don’t miss the chance to view this property—opportunities like this don’t last long!
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