This two-bedroom end-terraced home in Horden offers a promising investment prospect with significant refurbishment possibilities. Currently requiring updates, the property could generate an estimated rental income of around £550 per month, resulting in an attractive gross rental yield of 18.86% prior to any renovations. The home's advantageous position facing a park enhances its appeal and desirability within the rental market.
The interior features a spacious reception area and a bathroom equipped with essential fittings. On the upper level, you will find two generous bedrooms that are filled with natural light thanks to their large windows, complemented by an additional sizeable loft room conversion which could further increase the living space or rental value.
While the property requires some modernization, it holds considerable potential for investors ready to enhance both its market value and rental income. Its location within a sought-after residential area ensures easy access to local amenities, schools, and transport links—factors that are vital for attracting prospective tenants. The absence of a chain adds convenience for buyers looking to seize this opportunity for improvement and financial return.