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West Street, Ferryhill, DL17 8JZ -- 10% Yield

was £59,000.00

£53,000.00

 

West Street, Ferryhill, DL17 8JZ -- 10% Yield

was £59,000.00

£53,000.00

or call: 01483 663001

Details

Refurbished and Tenanted 2-bedroom terraced property.  The property is freehold.

The property briefly comprises of entrance to lounge, seperate dining area and kitchen and stairs to first floor.

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 is a D

Rental figures

This property is currently let at £5040  per annum which is £420  per month, which  gives a yield of 10%.  Rents in this area can go up to £450 pcm which is £5,400 per annum. 

Refurbishment Work

This property was originally refurbished in Jul 2020,  and has recently been refreshed for a new tenant. 

All of the certificates are in date and it is to a minimum of the Durham Decent Homes Standard  and also to the current selective licensing conditions at the point of sale.

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