Broom Cottages, Ferryhill DL17 2 bed terraced house for sale

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Broom Cottages, Ferryhill DL17 2 bed terraced house for sale

Broom Cottages, Ferryhill DL17
£65,000

Our Summary

  • This 2 bedroom terrace house in Durham offers a prime investment opportunity
  • The property currently generates an annual gross income of £5,400 which has the potential to be increased to a market rate of £6,000 with the current tenants in place
  • For further details on the property’s investment potential, please refer to the attached Let Property Pack
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom terrace house in Durham offers a prime investment opportunity, with a current tenant in place and valuable amenities nearby. The well-maintained property features two bedrooms, a three-piece bathroom, a spacious lounge, a fully-equipped kitchen, and a back area. With an annual gross income of £5,400 and the potential to increase to £6,000, this investment presents a substantial opportunity for investors. The current tenants have consistently paid their rent and have no intention of relocating, making it an attractive option for those looking to expand their portfolio. With a dedicated lettings agent facilitating the transaction process, this property is a great chance to secure a rewarding rental return.