Drake Street, Spennymoor, DL16 7UD - 10% Yield

£55000.00

 

Drake Street, Spennymoor, DL16 7UD - 10% Yield

£55000.00


or call: 01483 663001

Details

Refurbished* and Tenanted 2-bedroom terraced house.

The property is freehold.

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

First floor landing, 2 bedrooms and bathroom.

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

Rental figures

This property is let at £5,400 per annum which is £450 per month. This gives a yield of 10%
 

Refurbishment Work

*The pictures used are examples of how the property will look following the refurbishment as it has not been completed yet.

The property will be refurbished to a minimum of the Durham Decent Homes Standard before you complete your purchase. 

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