>
3 bedroom terraced house for sale
Darlington Road, Ferryhill, DL17
£70,000
Darlington Road, Ferryhill, DL17
£70,000
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 a fantastic investment opportunity for those looking to expand their portfolio. With a tenant already in residence, the property currently generates an annual gross income of £4,800, offering strong potential for rental returns. The home features three bedrooms, two bathrooms, a spacious lounge, dining area, and kitchen, as well as on-street parking. The current tenants have been living in the property for eight years and have consistently paid their rent on time, with no plans to move out. With its convenient location and established tenancy, this property is a worthwhile addition to any investor's portfolio.