Commercial Street, Ferryhill, DL17 0DF - 11% Rental Yield

£62000.00

 

Commercial Street, Ferryhill, DL17 0DF - 11% Rental Yield

£62000.00


Refurbished and Tenanted 4- Bedroom Mid-terrace House.

Property Details

  • The property is freehold.
  • The property briefly comprises of entrance to large Lounge, dining area, kitchen and down stairs toilet.
    First floor - landing, 4 bedrooms and a bathroom.
  • The current EPC is a D 
  • This property is already tenanted and the tenants are happy there.

Property Information Pack
 

Refurbishment Work

We will ensure that this property is to a minimum of the Durham Decent Homes Standard  and also to the current Selective licensing conditions (durham.gov.uk) and as part of the sale we will also provide a warranty to cover any snagging issues on these items free of charge within your first 6 months of ownership.

To find out more please click on the following link - Refurbishment Work

Rental figures

This property will be let at £550pcm which is £6,600 per annum, which gives a yield of 11%. 

We will also set up the ongoing management for you -  Services Provided by Our Trusted Local Agents

Location

Coundon is a great area for rental properties and for first time buyers.  

LINK TO GOOGLE MAPS 

To find out more please click on the following link - High Yield Locations in County Durham

 

or call: 

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