Rennie Street, Ferryhill, DL17 8NG - 8% Yield

£61,000.00

Details

Refurbished and Tenanted 2-bedroom terraced property.

The property is freehold.

The property briefly comprises of entrance hall with stairs to first floor, lounge and kitchen.

First floor landing, 2 bedrooms, a bathroom and a seperate w/c

The property is in a good area for rental properties and for first time buyers.

EPC Rating D ((but will be a C after next EPC as has recently had external wall cladding)

Rental figures

This property will be let at £5,040 per annum which is £420 per month. This gives a yield of 8%.

*Please note that these photos are an example of how the property will look on completion as the property is still being refurbished at the moment.

The property is refurbished to a minimum of the Durham Decent Homes Standard.

For more information please click on the following link - refurbishment-process