Park Road, Stanley, DH9 7QE - 11% Yield



Park Road, Stanley, DH9 7QE - 11% Yield


or call: 01483 663001

Refurbished and Tenanted 2-bedroom ground floor flat.

This property has 999 yr Tyneside lease with a peppercorn charge (no service charge or leasehold to pay).

The property briefly comprises of entrance hall, Lounge, kitchen, bathroom and 2 bedrooms.

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


Rental figures

This property is to be let at £4,800 per annum which is £400 per month. This gives a yield of 11%.  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

We will ensure that this property is to a minimum of the Durham Decent Homes Standard  and also to the current Selective licensing conditions (  This work includes electrical upgrade,  new bathroom, new kitchen, redec and flooring, and as part of the sale we will also provide a warranty to cover any snagging issues on these items free of charge within your first 6 months of ownership.

The pictures used are an example of the finished work as the refurbishment is still in progress.

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