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Encombe Terrace, Ferryhill, DL17 0BN - 8-9% Yield

£63,000.00

 

Encombe Terrace, Ferryhill, DL17 0BN - 8-9% Yield

£63,000.00


or call: 01483 663001

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.

EPC -D

Rental figures

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.

Refurbishment Work

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