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Stephenson Street, Ferryhill, DL17 8PF - 10% Yield

£53000.00

 

Stephenson Street, Ferryhill, DL17 8PF - 10% Yield

£53000.00

or call: 01483 663001

Details

Fully refurbished* and Tenanted 2/3-bedroom end terrace house.

The property is freehold.

The property briefly comprises of entrance hall with stairs to first floor, large lounge going through to dining room and Kitchen plus additonal ground floor room which can be used as a bedroom / office / playroom.

First floor landing, 2 bedrooms and a bathroom

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

Rental figures

This property is let at £5,400 per annum which is £420 - £450 per month. This gives a yield of 10%
 

Refurbishment Work

* Some of the photos used are examples of how the property will look on completion as it is not ready yet.

EPC - D (but we are putting in 2 double glazed windows to the rear which should increase this rating next time it is carried out) 

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

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