Terraced house for sale in Hallington Head, Newton Aycliffe DL5
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Property features
- Social Housing Investment Opportunity
- 5 Year Lease Extension
- Rent £600pcm
- Gross Yield 10.67%
- No Maintenance
- Hands off Investment
- Superb Location
- 3 Bedroom Mid Terrace
Property description
Social housing investment opportunity cash buyers only
Welcome to this charming terraced house in the sought-after area of Hallington Head, Newton Aycliffe.
This delightful property boasts a spacious reception room, perfect for entertaining guests or relaxing with your family. With three cosy bedrooms, there's plenty of space for everyone to enjoy a good night's sleep. The bathroom is well-appointed, ensuring convenience for all residents.
Situated just off the A1, this house offers not only a convenient location but also a fantastic investment opportunity. Currently leased to a social housing provider, this property guarantees a hassle-free investment with a promising return. The lease extension for another 5 years at £600 per month provides a generous yield of 10.67%, making it an attractive option for cash buyers looking for a hands-off investment.
Don't miss out on the chance to own this lovely family home in Newton Aycliffe. Whether you're looking for a comfortable residence or a lucrative investment, this property ticks all the boxes. Book a viewing today and envision the endless possibilities this house has to offer.
Property info
For more information about this property, please contact
Propertunity North East Ltd, SR5 on +44 191 686 5262 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Propertunity North East Ltd, and do not constitute property particulars. Please contact Propertunity North East Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.