Refurbished and Tenanted 2-bedroom terraced property with a bay window.
The property is freehold.
The property briefly comprises of entrance to hallway and stairs to first floor, lounge, dining area and kitchen.
First floor landing, 2 bedrooms and a bathroom.
The property is in a good area for rental properties and for first time buyers.
The EPC is a D
This property is let at £5,040 per annum which is £420 per month which gives a yield of 9%.
Properties in this area let for up to £450 pcm so there is a possibility of increasing the rent on the next tenancy.
To find out more about the management services that we offer please click on the following link - services-provided-by-ready-to-rent
We will ensure that the property is to a minimum of the Durham Decent Homes Standard and also to the current selective licensing conditions and as part of the sale we provide a warranty to cover any snagging issues on these items free of charge within your first 6 months of ownership.
For more information please click on the following link - refurbishment-process