Buy to Let Properties
- Home
- Gardiner Crescent, Pelton Fell, Chester le Street, DH2
Gardiner Crescent, Pelton Fell, Chester le Street, DH2
Asking Price
- £135,000
Location
Gardiner Crescent, Pelton Fell, Chester le Street, County Durham
Size
-
Tenure
Freehold
Bedrooms
4
Type of property
HMO
Current Rent
£1,950
Potential Rent
£1,950
Current Yield
17.3%
Potential Yield
17.3%
About this Property
Fully refurbished 4-bedroom freehold HMO in Pelton Fell, Chester le Street, offered vacant with immediate income potential. Previously generating £1,950 per month under a Rent-to-Rent agreement, projected to achieve the same on re-let. The property meets all HMO fire safety, room size, and amenity requirements. Arranged over ground and first floors in a traditional terraced house. Located 6 miles south of Newcastle and 8 miles north of Durham, with good access to the A693 and A1(M). Durham County Council Article 4 Direction taking effect August 2026 will protect existing HMOs from new competition. Floorplans and desktop valuation report available on request. Buyer fee of £3,000 applies.
Additional Information
Property type
HMO
Bedrooms
4
Postcode
DH2 2NJ