2 bedroom bungalow for sale

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2 bedroom bungalow for sale

Belsay Close, Ferryhill, DL17
£78,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom end-terrace bungalow in Ferryhill is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, well-equipped kitchen, three-piece bathroom, storage room, and private front and back garden space. Currently, the property is generating an annual gross income of £6,000 with tenants already situated, and the sellers are looking to sell due to the tenants' long-term commitment to staying in the property. With its potential for future rental income and the current annual gross income, this property is a worthwhile addition to an investor's portfolio.