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 electric upgrade 

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

Rental figures

This property will be let to a local tenant at between £550 - £600 pcm, which is between £6,600 and £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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