Kelvin Street, Ferryhill, DL17 8PB - 9% Yield

£63,000.00

 

Kelvin Street, Ferryhill, DL17 8PB - 9% Yield

£63,000.00


or call: 01483 663001

Refurbished and Tenanted 3-bedroom mid terrace house.

The property is freehold.  

The property briefly comprises of stairs to first floor, lounge, large Kitchen/ Diner and bathroom. 

First floor landing, 3 bedrooms.

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

EPC - D or above following refurbishment

Rental figures

This property will be let at £5,400 - £5,700 per annum which is £450 - £475 per month which gives a gross yield of 9%

Refurbishment Work

 The pictures  are an example of how the property will look when we have completed the refurbishment, which will be before we ask you to complete your purchase.

The property will be refurbished to the minimum of the Durham Decent Homes Standard.

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