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Ritson Avenue, Bearpark, DH7 3 bed semi
Ritson Avenue, Bearpark, DH7
£80,000
Ritson Avenue, Bearpark, DH7
£80,000
Our Summary
- INVESTMENT OPPORTUNITY / APPROX
- In need of modernising and to be sold with no upper chain, the property briefly comprises of an entrance hall, lounge, dining room kitchen and WC to the ground floor, while the first floor is home to 3 spacious bedrooms and a bathroom and to the exterior is a front garden as well as the larger rear garden
- This property is an amazing investment opportunity not to be missed with a potential re-sale value averaging £125,000 (depending on degree of refurbishment and market conditions at the time of re-sale) and rental return of £725PCM
- Modernisation Required
Description
This spacious 3-bedroom semi-detached property in Bearpark, County Durham, is an investment opportunity with a potential rental return of 10% and no upper chain. The property needs modernizing and has a generous amount of living space, including a large garden to the rear that currently accommodates a pre-fab shed and offers potential for off-street parking to the front. The property is situated in a popular village with amazing country views and bridle paths, and is approximately 2 miles west of Durham City. With a potential re-sale value of £125,000 and a rental return of £725 per month, this property is not to be missed.