Newton Street, Ferryhill, DL17 8PW - 9%- 10%

£56,400.00

 

Newton Street, Ferryhill, DL17 8PW - 9%- 10%

£56,400.00


or call: 01483 663001

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.

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

EPC - C

Rental figures

This property is currently let at £4,800 per annum which is £400 per month which gives a yield of 9% but if it was empty we could re let for £450 pcm  which is £5,400 per annum which would give a 10% yield

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