Grasswell Terrace, Houghton Le Spring, DH4 4DX - 11% Rental Yield

£68500.00

 

Grasswell Terrace, Houghton Le Spring, DH4 4DX - 11% Rental Yield

£68500.00


Refurbished and Tenanted 2- Bedroom Mid-terrace House.

Property Details

  • The property is freehold.
  • The property briefly comprises of entrance to Lounge, kitchen & bathroom & brick built conservatory.  Stairs to landing with 2 bedrooms.
  • EPC Rating D (could be a C after refurb)
  • The property will undergo the following work during the refurbishment (all included in the price of the property): New Central Heating, Work to Floor Boards, Electrical Re-Wire, Roof Repair, Refurbished Kitchen, Refurbished Bathroom, Redecoration & Carpets
  • Please note that some of the pictures used are examples of how the rooms will look following refurbishment.

Rental figures

This property will be let at £600pcm which is £7,200 per annum, which gives a yield of 11%. 
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 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

Houghton Le Spring,  is a great area for rental property and first time buyers.
Selective Licence not required.

LINK TO GOOGLE MAPS 

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

 

or call: 

Latest News

View all news »