Magdalene Place, Ferryhill, DL17 8BA - 9% Yield

£59000.00

12 Faraday Street Bedroom 2 complete.jpg

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Magdalene Place, Ferryhill, DL17 8BA - 9% Yield

£59000.00

<< Back to property listings for sale

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 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.

EPC - D or above following refurbishment

Rental figures

This property will be let at £5,040-£5280 per annum which is £420-£440 per month which gives a gross yield of 8-9%

Refurbishment Work

The pictures are an example of how the property will look when we have completed the refurbishment, which will be before we ask you to complete your purchase.

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

For more examples of our completed properties please click on the following link - refurbishment-process