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West Street, Ferryhill, DL17 8JZ- 9% Rental Yield

£56,000.00

 

West Street, Ferryhill, DL17 8JZ- 9% Rental Yield

£56,000.00

or call: 01483 663001

Details

Tenanted 2-bedroom terraced house.

The property is freehold.

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

First floor landing, 2 bedrooms.

EPC currently an E, has had new boiler since last EPC and will be getting a new EPC which should be a D/C.

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

Rental figures

This property is currently let at £5,040 per annum which is £420 per month with happy tenants that have been there for 4 years, but rental figures in this area are up to  £5,400 per year, £450 per month so this should increase in the future.

Refurbishment Work

The property is already in good condtion and we will ensure that the property is to a minimum of the Durham Decent Homes Standard  and also to the standard for the current selective licensing conditions at the point of sale, 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