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Investment Property Davy Street, County Durham For Sale

Ferryhill, Durham
Asking Price:
£34,000
Turnover:
£4,800
Net Profit:
Under £50K

3-bedroom mid terrace house in good condition.
Fully double glazed
Gas central heating
The property is freehold.
The property briefly comprises of entrance hall with stairs to first floor, a reception room, a refurbished kitchen, and a bathroom.
First floor landing, 3 bedrooms.
Private Back Yard.
The property is suitable property for first time buyers.

Rental figures
This property will let at £400 per month, £4,800 pa. This gives a yield of 14%.

Refurbishment Work
Refurbish Kitchen
Refurbish Bathroom
General Redecoration
New Carpets

Comparables
2 Hackworth St 22 June 2017 £37,000
2 Blandford St, 5 May 2017 £39,950

We have other properties for sale including a portfolio of 3

Property information

Property:

Freehold

Living Accommodation:

3 bedrooms, kitchen, bathroom, lounge, private yard

Location:

Ferryhill

Premises Details:

3 bedroom terraced house let

Energy Performance Rating:
E

Business Operation

Expansion Potential:

Buy more properties and get a passive income

Years established:
1900

Other Information

Website:
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Related Documents:
Home based:
This business can be run from home.

Contact Information

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