Queen Street, Grange Villa, DH2 3LU - 9% Rental Yield

£55000.00

 

Queen Street, Grange Villa, DH2 3LU - 9% Rental Yield

£55000.00


Refurbished and Tenanted 2- Bedroom Mid-terrace House.

Property Details

  • The property is freehold.
  • The property briefly comprises of entrance to Lounge, Kitchen and Bathroom
    First floor - landing, 2 bedrooms
  • Last EPC rating was an E, this has expired and will be redone following the refurb and should acheive D/C
  • Redecorated throughout including new boiler, central heating and carpets 

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 tsome of he pictures are examples of how it will look on completion.

Rental figures

This property will be let on a 2yr Government backed AST, at £425pcm which is £5,100 per annum, which gives a yield of 9%. 

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

Location

Chester-le-Street 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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