Stephenson Street, Ferryhill DL17 8PG - 10% Rental Yield

£69000.00

 

Stephenson Street, Ferryhill DL17 8PG - 10% Rental Yield

£69000.00


Refurbished and Tenanted 3- Bedroom Mid-terrace House.

Property Details

  • The property is freehold
  • The property briefly comprises of entrance to a lounge, seperate dining room, kitchen and bathroom
    First floor - landing, 3 bedrooms
  • EPC C
  • Refurbished where necessary including Kitchen, carpets, flooring, and redec plus new electric & gas certificates (Included in the price of the property).

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.

* Please note that the photos used are examples of what it will look like foolowing the refurbishment (before we ask you to complete your purchase).

To find out more please click on the following link - Refurbishment Work

Rental figures

This property will be let to a local tenant at £550-£600 pcm, which is £6,600- £7,200 per annum, which gives a yield of 10%.  The tenant will be suitable for Insurance Backed Rental Guarantee.

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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