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2 bed terraced house
Darlington Road, Ferryhill DL17
£55,000
Darlington Road, Ferryhill DL17
£55,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- 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 2-bedroom terraced house in Ferryhill is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features two bedrooms, two lounges, a kitchen, and on-street parking. Currently, it generates an annual gross income of £5,940 with tenants already situated, providing a rewarding rental return. The property has a consistent tenant who has been paying rent on time and has no plans to move out, making it an attractive option for investors. With its proximity to valuable amenities and potential for future rental income, this property is a worthwhile addition to any portfolio.