Summary - 18 DENE TERRACE SHOTTON COLLIERY DURHAM DH6 2QX
3 bed 1 bath Terraced
Low-price, turn-key 3-bed terrace with strong rental yield in Shotton Colliery.
- Chain-free three-bedroom mid-terrace, approx. 700 sq ft
- Part-refurbished and presented turn-key, single modern bathroom
- Potential rent £575pcm (£7,475 pa) — gross yield ~12.5%
- Freehold tenure and very low Council Tax (Band A)
- Solid-brick walls with no assumed cavity insulation
- Double glazing installed before 2002 may need upgrading
- Located in a very deprived area with a high crime rate
- Small plot and overall house size; limited external space
A compact three-bedroom mid-terrace offered chain-free and recently refurbished to a turn-key standard. The property totals about 700 sq ft and sits on a small plot in Shotton Colliery, with mains gas heating, double glazing (installed before 2002) and a single contemporary bathroom. Presented for resale or letting, it already produces a quoted rental figure of £575pcm.
For an investor, the numbers are clear: a low purchase price and strong headline rent create a high gross yield (around 12.5% based on the asking price and quoted rent). Practical benefits include freehold tenure, very low council tax (Band A), fast broadband and excellent mobile signal — useful for tenants and short voids.
Material considerations are also plain. The home is in a very deprived area with a high local crime rate, which may affect tenant selection, insurance and long-term capital growth. The building is of solid brick construction with no assumed cavity insulation and has older double glazing; further energy-efficiency works could be needed to reduce running costs and improve EPC rating.
This house suits investors seeking immediate rental income from a low-entry asset or a buyer wanting a small, low-maintenance family home in a transitional, industrious suburb. The property is sold newly renovated and ready to let or occupy, but budget for possible improvement works around insulation, security and long-term maintenance given the location and construction type.
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