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3 bedroom terraced house for sale
Stephenson Street, Ferryhill DL17
£50,000
Stephenson Street, Ferryhill DL17
£50,000
Our Summary
- Requires some modernisation
- Features include: Generous room sizes, gas central heating, PVCu double glazing, neutral decoration and scope to modernise
- We anticipate this property will appeal to a variety of buyers and we advise an early viewing to appreciate the space, location, investment opportunity, potential and value
Description
This spacious 3-bedroom investment property is located in Ferryhill, offering an excellent 12% rental yield through its current tenancy at £500 per month. The property requires some modernization and features neutral decoration, gas central heating, and PVCu double glazing. The open front aspect overlooks the central green, and the enclosed rear yard enjoys a southerly aspect. The property is situated in an established area, close to open countryside and the village centre, with easy access to local amenities, schools, and transport links. With its generous room sizes and scope for modernization, this property is an excellent value and is expected to appeal to a variety of buyers.