Bouch Street, Shildon, DL4 2JW - 9% Yield

£59000.00

 

Bouch Street, Shildon, DL4 2JW - 9% Yield

£59000.00


or call: 01483 663001

Refurbished and Tenanted 2-bedroom mid terrace house.

The property is freehold.  

The property briefly comprises of stairs to first floor, lounge, diing area and Kitchen 

First floor landing, 2 bedrooms and bathroom.

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

EPC - C 

Rental figures

This property is let £5,040, but will be increased to £5,400 per annum which £450 per month when the new owner signs which gives a gross rental yield of 9%

Refurbishment Work

This property was originally refurbished in 2021 and has had just one tenant in the proeprty who is looking after the property well.  we will ensure that 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

The property will be refurbished to the minimum of the Durham Decent Homes Standard.