>
Brancepeth Road, Ferryhill DL17 3 bed end of terrace house for sale
Brancepeth Road, Ferryhill DL17
£80,000
Brancepeth Road, Ferryhill DL17
£80,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This 3-bedroom end-terrace house in Ferryhill is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and rear garden space. Currently, it produces an annual gross income of £6,600, which could be increased to a market rate of £7,560 with long-term tenants already in place. The tenants have been in the property for several years and have consistently paid their rent, with no intention of moving out. With a competitive purchase price, this property has the potential to be a worthwhile addition to an investor's portfolio, offering a strong return on investment.