Summary - 2, Blumer Street DH4 6LN
2 bed 1 bath Terraced
Low-cost Victorian terrace with tenant in situ and immediate rental income potential.
Freehold two-bedroom Victorian mid-terrace, approx. 894 sq ft
A two-bedroom Victorian mid-terrace in DH4 offered freehold at a low entry price, suited to buy-to-let investors or hands-on renovators. The property is currently let and producing rental income, providing immediate cashflow while longer-term refurbishment could increase value and rent. The home has traditional solid-brick construction, gas central heating and double glazing (installation date unknown).
Internally the house offers two double bedrooms, a living room with good natural light and an open-plan kitchen/diner leading to a west-facing rear yard. At around 894 sq ft overall, rooms feel generous for a terrace of this era. Broadband speeds are fast and local primary and secondary schools have good Ofsted ratings nearby, which supports tenant demand.
Buyers should note material negatives: the area is classified as very deprived and the immediate locality comprises blue-collar terraces, which will affect capital appreciation and tenant profiles. The external walls are original solid brick with no added insulation assumed, and the property may benefit from energy-efficiency upgrades. A tenant is in situ achieving £550 pcm; purchasers will inherit that tenancy and should check tenancy terms.
This is a straightforward, low-cost investment with scope to add value through targeted refurbishment (insulation, modernisation) or hold for steady rental income. It will suit investors seeking immediate yield or a buyer prepared to complete budgeted improvements.
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