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Parker Terrace, Ferryhill, DL17 8JT - 8-9% Yield

£63,000.00

 

Parker Terrace, Ferryhill, DL17 8JT - 8-9% 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 entrance hall with stairs to first floor, lounge with bay window, dining room and kitchen. 

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

Rental figures

This property is currently let at £4,740 per annum which is £395 per month which gives a yield of 8%, but if a new tenant is found this property would easily let at £475 pcm, £5,700 which would give a 9% yield.

Refurbishment Work

The property will be refurbished to a minimum of the Durham Decent Homes Standard before you complete your purchase. 

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