Ford Terrace, Chilton, DL17 0JG - 10% Rental Yield

£59500.00

 

Ford Terrace, Chilton, DL17 0JG - 10% Rental Yield

£59500.00


Refurbished and Tenanted 2 - Bedroom Mid-terrace House.

Property Details

  • The property is freehold.
  • The property briefly comprises of entrance to Lounge, Dining Area & Kitchen.
    Stairs to landing with 2 bedrooms and bathroom.
  • EPC Rating currently a D but will be a C following refurb (included in the price of the property)
  • Property will undergo a kitchen refurb, bathroom refurb, roof check, redecoration and boiler service (all included in the price of the property)
  • Please note that some of the photos used are examples of how the property will look following refurbishment (before we ask you to complete your purchase).

Property Information Pack

Rental figures

This property will be let at £500.00 pcm which is £6,000 per annum, which gives a yield of 10%. 

This tenant will be suitable for Insurance Backed Rental Guarantee Scheme
To find out more please click on the following link - Services Provided by Our Trusted Local Agents

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

Location

Chilton is a great area for rental properties and for first time buyers.  
Selective Licence is not Required 

LINK TO GOOGLE MAPS 

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

 

 

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