Immediate rental income with tenants paying £575pcm in a central village location.
Two double bedrooms plus converted attic room for flexible use
This substantial mid-terrace in Ushaw Moor offers immediate rental income with tenants in situ and a proven rental of £575 pcm. The house provides versatile accommodation across two double bedrooms plus a converted attic room, a fitted kitchen/diner, lounge and utility space, suitable for buy-to-let or a first-step purchase for an owner-occupier prepared to modernise.
The property sits in a popular village location approximately three miles from Durham city, close to shops, primary schools and good transport links. Built around 1900–1929, the home retains period brick exterior character while benefiting from double glazing and gas central heating via boiler and radiators. The rear yard is fully enclosed and low-maintenance, with gated access to the lane.
Notable negatives are its EPC rating of E and the local area’s higher deprivation indicators, which may affect long-term capital growth and energy costs. The plot is small and internal room sizes are medium, so buyers should expect limited outdoor space and may wish to plan modest upgrades. Council tax is very cheap, and there is no recorded flood risk.
Overall this is a clear investment opportunity for landlords seeking immediate yield close to Durham, or for buyers who want a roomy period terrace requiring selective improvements to add value. The property’s position near transport, amenities and schools supports steady tenant demand.
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