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John St, Stanley, DH9 7BG - 8-9% Yield

£54,000.00

 

John St, Stanley, DH9 7BG - 8-9% Yield

£54,000.00


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, dining area and kitchen.

First floor landing, 2 bedrooms and bathroom.

 

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

 

EPC Rating D

Rental figures

This property is let at £4380 per annum which is £365 per month which gives a yield of 8% but if tenant moves out we will be able to get £420 pcm which is £5040 per year which would be a 9% yield.
 

Refurbishment Work

The property is refurbished to a minimum of the Durham Decent Homes Standard.

For more information please click on the following link - refurbishment-process