2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Stratford Gardens, Ferryhill, DL17
£80,000

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 mid-terrace house in Ferryhill is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, dining area, and kitchen, as well as a three-piece bathroom, front private garden space, and private driveway parking. Currently, it produces an annual gross income of £7,800 with tenants already situated, making it a worthwhile addition to an investor's portfolio. The current tenants have been in the property for two years and have consistently paid their rent, with no intentions to move out. With its proximity to valuable amenities and potential for future rental income, this property is a great opportunity for investors looking to generate rewarding returns.