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Located in the quiet residential area of Percy Terrace in New Kyo, this spacious two-bedroom end-terrace is an ideal opportunity for investors looking for a property with immediate rental income. Sold with a sitting tenant on an Assured Shorthold Tenancy (AST), currently paying £430 per calendar month, this home is generating returns from day one.
Lounge: Bright and spacious with wood flooring, feature fireplace, and a contemporary finish.
Kitchen/Diner: Fully fitted with ample storage and space for a dining table.
Bedrooms: Two well-sized doubles and a single bedroom, all neutrally decorated.
Outdoor Space: Enclosed rear yard providing privacy and low-maintenance outdoor space.
Rental Income: £430 PCM
Tenancy: AST with a reliable sitting tenant
Gross Yield: Approx. 8.2% based on asking price
Council Tax Band: A
EPC Rating: D
Tenure: Freehold
This is a turnkey buy-to-let investment in a popular rental area close to local amenities, schools, and transport links. Don’t miss out on this high-yield opportunity.
Tenure : Freehold
The team at The Dynamic Property Group are award winning estate agents and letting agents in County Durham.
Company number: 09036717.