Low-price buy-to-let with long-term tenants and immediate rental income.
Freehold Victorian mid-terrace with private rear garden
A compact two-bedroom mid-terrace in Chester-Le-Street offered with a long-term tenant in place. The property is freehold and includes a private rear garden and on-street parking, presenting a straightforward buy-to-let entry at a low purchase price.
Currently producing a gross annual rent of £3,900 with tenants in situ for six years who intend to remain, this house will suit investors seeking an immediate income stream and minimal void risk. The Let Property Pack contains tenancy paperwork and income details for due diligence. A buyer's premium applies to secure the sale.
The property is in a very deprived, high-crime area and has dated internal decor that will need updating for higher rental or owner-occupier appeal. Broadband speeds are reported as fast but there is no mobile signal. Flood risk is none and the house is a typical Victorian terrace with compact rooms — suitable for steady rental returns or as a small refurbishment project for added value.
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