Newton Street, Ferryhill, DL17 8PW - 9% Yield

£60000.00

26 Fourth Street Double Reception Room.jpg

9 Eighth Street Kitchen complete2 - Copy.jpg

28 Stephenson Street Bathroom- complete.jpg

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Newton Street, Ferryhill, DL17 8PW - 9% Yield

£60000.00

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or call: 01483 663001

Refurbished and Tenanted 2-bedroom mid terrace house.

The property is freehold.

The property briefly comprises of stairs to first floor, lounge, second reception room, Kitchen and bathroom.

First floor landing, 2 bedrooms.

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

EPC - C

Rental figures

This property will be let at £5,040 - £5,040 per annum which is £420 - £440 per month which gives a gross yield of 9%

Refurbishment Work

This refurbishment will be carried out before we ask you to complete your purchase. The pictures are an example of how the property will look once we have completed the refurbishment.

The property will be refurbished to a minimum of the Durham Decent Homes Standard and also to the current selective licensing conditions and as part of the sale we provide a warranty to cover any snagging issues on these items free of charge within your first 6 months of ownership

For more examples of our completed properties please click on the following link - refurbishment-process