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Broom Cottages, Ferryhill DL17 2 bed terraced house for sale
Broom Cottages, Ferryhill, County Durham, DL17
£55,000
Broom Cottages, Ferryhill, County Durham, DL17
£55,000
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 and valuable amenities nearby. The well-maintained property features two bedrooms, a three-piece bathroom, spacious lounge, fully-equipped kitchen, and back area. The current annual gross income of £5,400 has the potential to increase to £6,000 with the current tenants in place, making it a substantial opportunity for investors. The tenants have consistently paid their rent and have no intention of relocating, committing to remain in the property. With a smooth transaction process guaranteed by Let Property, this investment presents a rewarding opportunity for those looking to expand their portfolio.