Summary - 23 STEPHENSON WAY NEWTON AYCLIFFE DL5 7AA
2 bed 1 bath Terraced
**Standout Features:**
- 2 bedrooms, 1 bathroom terraced home
- Current gross rental income of £7,800 per year
- Long-term tenant in place with intentions to stay
- Private front and back gardens
- On-street parking
- Freehold tenure
- Fast broadband speeds
**Potential Concerns:**
- Located in an area classified as deprived with high crime rates
- Small plot size and average-sized rooms
This mid-terraced house in Newton Aycliffe presents an excellent investment opportunity, especially for serious investors and developers. The property features two comfortable bedrooms, a modern dining room, and a private garden, making it suitable for both families and long-term rentals. Currently yielding an annual gross income of £7,800 from reliable tenants who plan to stay, this property represents a secure addition to any rental portfolio. While the area has some challenges, including high crime rates and being classified as deprived, its strategic location grants access to essential amenities and local schools, enhancing its appeal.
With the robust rental income and the potential for future renovations or extensions, this property stands out as a promising investment. Don’t miss your chance—opportunities like this in Newton Aycliffe are rare and may not last long!
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