Darlington Road, Ferryhill DL17 3 bed terraced house for sale

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Darlington Road, Ferryhill DL17 3 bed terraced house for sale

Darlington Road, Ferryhill DL17
£62,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • 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 investor's property portfolio
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 3-bedroom mid-terrace house in Ferryhill is an attractive investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, generating an annual gross income of £4,800. The tenant, who has been residing in the property for 8 years, has consistently paid their rent on time and wishes to continue their tenancy. With its strong potential for rental returns and a tenant already in place, this property offers a worthwhile addition to an investor's portfolio. The property itself features three bedrooms, two bathrooms, a spacious lounge, dining area, and kitchen, as well as the convenience of on-street parking.