Percy Terrace, Stanley, DH9 7TN -- 8-9% Yield

£62,500.00

Details

Refurbished and Tenanted 2-bedroom terraced property.

The property is freehold.

The property briefly comprises of entrance hall with stairs to first floor, lounge and large kitchen./ diner.

First floor landing, 2 bedrooms and a bathroom

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

EPC Rating E - but the work being done in the refurbishment should increase this rating

Rental figures

This property will be let at £5,040-£5,400 per annum which is £420-£450 per month. This gives a yield of 8-9%.

*Please note that these photos are an example of how the property will look on completion as the property is still being refurbished at the moment.

The property is refurbished to a minimum of the Durham Decent Homes Standard.

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