Newton Street, Ferryhill, DL17 8PW - 8-9% Yield

£62,000.00

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Newton Street, Ferryhill, DL17 8PW - 8-9% Yield

£62,000.00

<< Back to property listings for sale

or call: 01483 663001

Refurbished and Tenanted 3-bedroom mid terrace house.

The property is freehold.

The property briefly comprises of entrance hall with stairs to first floor, lounge, dining area, kitchen and bathroom.

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 (This epc rating was conducted before the thermal enveloping scheme which was completed by the council last year so we are confident that if it was redone today then it would now be a minimum of a C)

Rental figures

This property is currently let at £5,100 per annum which is £425 per month and we believe we will be able to achieve a rent of up to £475 per month which is £5,700 per annum which gives a yield of 8-9%

Refurbishment Work

We will ensure that the property is at the minimum of the Durham Decent Homes Standard before your purchase.

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