Firwood Terrace, Ferryhill, DL17 0DG - 8-9% Rental Yield

£57,500.00

<< Back to property listings for sale

Firwood Terrace, Ferryhill, DL17 0DG - 8-9% Rental Yield

£57,500.00

<< Back to property listings for sale

or call: 01483 663001

Details

Tenanted 2-bedroom terraced property.

The property is freehold.

The property briefly comprises of entrance to hallway, lounge with bay window and Kitchen

First floor landing, 2 bedrooms and a bathroom

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

EPC Rating is a D

Rental figures

This property is let at £4500 per annum which is £375 per month, this gives a yield of 8%. If the property was empty and we found a new tenant we could then let it out for £420 pcm which is £5,040 which is a 9% rental yield.

To find out more about the management services that we offer please click on the following link - services-provided-by-ready-to-rent

Refurbishment Work

The property is already tenanted and the tenant is happy with the decor as shown in the photos so we will just be ensuring that all of the certificates are in date and it is 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 information please click on the following link - refurbishment-process