Lancelot Close, Great Aycliffe

We are delighted to present to the market this well-presented three-bedroom terraced home, situated within the ever-popular Cobblers Hall development in Newton Aycliffe. Offered for sale with a sitting tenant in situ, currently generating a rental income of £695 per calendar month (£8,340 per annum), representing an attractive gross rental yield of approximately 6.95% based on the asking price of £120,000. This property presents an excellent opportunity for investors looking to add to their property portfolio.
The accommodation briefly comprises a welcoming entrance hallway, a convenient ground-floor WC, a fitted kitchen offering a range of wall and base units with contrasting work surfaces and integrated oven and hob, and a spacious lounge with French doors opening directly onto the rear garden, allowing plenty of natural light to fill the room.
To the first floor are three bedrooms, including a main bedroom benefiting from its own en-suite shower room. The remaining bedrooms offer versatile accommodation, ideal for use as additional bedrooms or a home office, and are complemented by a family bathroom.
Externally, the property benefits from a driveway providing off-street parking to the front. To the rear is an enclosed garden, mainly laid to lawn with a paved patio area, offering a pleasant outdoor space.
Ideally positioned within the popular Cobblers Hall area, the property enjoys convenient access to local schools, shops, amenities and transport links.
Hallway
12'0" x 3'1" (3.67m x 0.95m)
WC
5'9" x 2'5" (1.76m x 0.76m)
Kitchen / Diner
11'11" x 8'9" (3.64m x 2.67m)
Lounge
11'11" x 14'11" (3.64m x 4.55m)
Landing
Bedroom 1
10'10" x 9'5" (3.30m x 2.87m)
En-suite
5'8" x 5'3" (1.74m x 1.63m)
Bedroom 2
6'8" x 8'5" (2.04m x 2.57m)
Bedroom 3
9'4" x 6'2" (2.86m x 1.89m)
Bathroom
6'2" x 5'6" (1.89m x 1.69m)