Summary - 47, Leeholme Road, Leeholme DL14 8HL
3 bed 1 bath Terraced
**Standout Features:**
- Three spacious bedrooms in a mid-terraced Victorian property.
- Modern, recently renovated galley kitchen with high-gloss finishes.
- Tenant in situ paying £575/month until February 2026, offering a 9% yield.
- Gas central heating and UPVC double glazing throughout.
- Chain-free sale, allowing for quick purchase.
**Potential Downsides:**
- Average-sized plot with limited outdoor space.
- The neighborhood has a higher than average crime rate and is classified as very deprived.
- Some renovation potential, particularly in the living room which features an open fireplace.
This attractive three-bedroom mid-terraced property represents a compelling investment opportunity with a current tenant in place, ensuring immediate income with a notable yield. The compact yet chic galley kitchen, complete with modern appliances, complements a character-filled living room featuring a bay window, perfect for natural light enthusiasts. While the property is well-maintained and offers gas central heating and double glazing, there is room for personal touches and renovation, particularly in the spacious living area. Located in a small town fringe area, this home grants easy access to local amenities and is well-positioned for commuting to larger cities such as Darlington, Durham, and Newcastle.
With a very economical council tax band (Band A) and close proximity to several primary and secondary schools, this property caters perfectly to both investors seeking reliable rental returns and families looking for affordable, modern living. Don't miss this chance to secure a low-maintenance investment in a steadily evolving area!
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