Buy to Let Properties

Gardiner Crescent, Pelton Fell, Chester le Street, DH2

Asking Price

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

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