Moore Street, Stanley, DH9 7AG - 9%-10% Rental Yield

£53000.00

 

Moore Street, Stanley, DH9 7AG - 9%-10% Rental Yield

£53000.00


or call: 01483 663001

Details

Refurbished and Tenanted 2-bedroom terraced property.

The property is freehold.

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

First floor landing, 2 bedrooms.

EPC D

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

Rental figures

This property will be let at between £5,040 - £5,400 per annum, which is £420-£450 per month, which gives a yield of 9%

Refurbishment Work

This property has recently had a full new refurbishment including a new kitchen and bathroom and is getting paint and new carpets & flooring.  Boiler was fitted in 2019.  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.  

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