Faraday Street, Ferryhill, DL17 8PD - 10% Rental Yield

£63000.00

 

Faraday Street, Ferryhill, DL17 8PD - 10% Rental Yield

£63000.00


Refurbished and Tenanted 2- Bedroom Mid-terrace House.

Property Details

  • The property is freehold.
  • The property briefly comprises of entrance to spacious Lounge, Kitchen.
    First floor - landing, 2 bedrooms & a bathroom.
  • EPC Rating C
  • Boiler Service and Electrical Check
  • Redecorated throughout including new carpets (please note that some of images below are examples of how the property will look after works)

 

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

Please note that the pictures are examples of how it will look on completion.

Rental figures

This property will be let at between £500pcm which is  £6,000 per annum, which gives a yield of 10%. 

Insurance Backed Rental Guarantee available

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

Location

Ferryhill 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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