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£87,500

2 Bedroom Terraced House

Elm Street, Jarrow

Key Features

  • great buy to let opportunity
  • currently tenanted with rent of £575pcm
  • two bedroom family home
  • well presented throughout
  • great transport links
  • council tax band - a
  • epc rating - d
  • freehold

Property Description

We are excited to present to you this charming 2-bedroom mid-terraced house, brimming with character and period features, providing an excellent opportunity for savvy investors and buy-to-let landlords. The property boasts an advantageous location with excellent public transport links, making it desirable for families and professionals alike.

Significantly, this property comes with an ongoing tenancy that underscores its solid appeal as an investment. The current tenant has been occupying the property since June 2021 and is on a periodic AST, providing a reliable and continuous income stream of £575 per calendar month. This could provide immediate rental income for the new owner, reducing potential void periods that are common with a change of ownership. The presence of a long-standing tenant also speaks volumes about the property's desirability.

As you step into this well-presented property, you are greeted by a large, welcoming living room. This space enjoys the warmth of a feature fireplace, the charm of a beautifully decorated feature wall, and an abundance of natural light, providing the perfect environment for relaxation and family time.

Venture further in, and you will find a spacious, modern kitchen, which effortlessly combines aesthetics and functionality. The vibrant colour on the units adds a personal touch, while the white gloss cabinetry and dark-tiled floor provide a striking contrast. The Belfast style sink serves as an attractive focal point, adding a hint of nostalgia to this contemporary space.

Adjacent to the kitchen, the rear lobby serves as a convenient access point to the private rear yard. The ground floor also houses the family bathroom, equipped with a, modern white suite, promising a refreshing start to your mornings.

The first floor of the house offers two bedrooms. The master bedroom is particularly spacious and benefits from fitted wardrobes, ensuring ample storage. The second bedroom, ideal for children or as a home office, boasts plenty of room for all necessities.

This property presents a promising investment opportunity, offering not only a high standard of living but also potential for attractive returns. Its unique blend of characterful charm and modern comfort ensures it will always be in high demand among tenants. A must-see for any serious investor or buy-to-let landlord!
 
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