Our latest listing is a 3 bedroom Mid-Terraced house located in Ferryhill. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently situated.
For investors looking to expand their portfolio, this is a fantastic opportunity!
This well-kept home features 3 bedrooms, a lounge, a bathroom, and a kitchen.
Investment details
It currently produces an annual gross income of £4,680 which the new owner could increase to a market rate of £6,000 with long-term tenants presently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.
Please see the Let Property Pack linked below for greater details on this property's investment potential.
If you are interested, please call us.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not intend to move out so they hope to remain in the property.
Let Property Sales is committed to facilitating a smooth transaction process. To allow for maximum commitment to the sale from both parties, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.