Newton Street, Ferryhill, DL17 8PW - 8-9% Yield

£62000.00

<< Back to property listings for sale

Newton Street, Ferryhill, DL17 8PW - 8-9% Yield

£62000.00

<< Back to property listings for sale

or call: 01483 663001

Tenanted 3-bedroom mid terrace house.

The property is freehold.

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

First floor landing, 3 bedrooms.

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

EPC - D (but will be a C after next EPC as has recently had external wall cladding)

Rental figures

This property is currently let at £4,800 per annum which is £400 per month and we believe we will be able to achieve a rent of up to £475 per month which is £5,700 per annum which gives a yield of 8-9%

Refurbishment Work

We will ensure that the property is at the minimum of the Durham Decent Homes Standard before your purchase.

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