West Street, Ferryhill, DL17 8JZ - 11% Rental Yield

£74000.00

 

West Street, Ferryhill, DL17 8JZ - 11% Rental Yield

£74000.00


Refurbished and Tenanted 4- Bedroom Mid-terrace House.

Property Details

  • The property is freehold
  • The property briefly comprises of entrance to a downstairs bedroom, Lounge and kitchen.
    First floor - landing, 3 bedrooms & a bathroom
  • EPC E currently but should improve after the refurbishment.
  • Refurbished throughtout including new kitchen and refurbished bathroom.

Property Information Pack

Refurbishment Work

We will ensure that this property is the Durham Decent Homes Standard  or above, 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 can be let to a local tenant, or to a Government backed Relocate tenant at £655pcm which is £7,860 per annum, which gives a yield of 11%. 

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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