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2 bed property, in Bertha Street, £60,000
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2 bed end of terrace house

Bertha Street, Ferryhill, County Durham, DL17
£60,000

Our Summary

  • ________________________________________ Key Features * 2 Bedroom End of Terrace Property * Tenanted Investment - Sold with tenants in situ * Current Monthly Rent: £449 PCM * Annual Rental Income: £5,388 * Attractive Guide Price: £60,000 * Strong local rental demand * Low maintenance, stable investment opportunity * Ideal for portfolio expansion or first time landlords ________________________________________ Financial Overview & Yields Using the current rental income and asking price, here is a breakdown of the investment performance: Rental Income * Monthly Rent: £449 * Annual Rent: £5,388 Gross Rental Yield: 9% This is a particularly strong yield compared to regional averages, making the property an appealing high return asset

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Description

This property is a 2-bedroom end terrace house located on Bertha Street, featuring a traditional layout with generous room sizes. It is currently tenanted, generating a monthly rent of £449 and an annual rent of £5,388. The property offers an attractive guide price of £60,000 and has a strong local rental demand, making it an ideal investment opportunity for those seeking a low-maintenance, stable income stream.

The property's end-of-terrace design provides additional privacy and extra natural light, and its location in a stable rental market ensures a consistent demand for rentals.