Refurbished and Tenanted 3-bedroom terrace house.
The property is freehold.
The property briefly comprises of entrance hall with stairs to first floor, lounge, dining area and kitchen.
First floor landing, 3 bedrooms and a bathroom.
The property is in a good area for rental properties and for first time buyers.
This property is currently let at £5,040 per annum which is £420 per month which gives a yield of 8% but as this is a three bed property, if the current tenant moved out we could get £475 per month, £5,700 per annum, which would give a 9% rental yield.
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