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2 bedroom bungalow for sale
Belsay Close, Ferryhill, DL17
£90,000
Belsay Close, Ferryhill, DL17
£90,000
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 an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a spacious lounge, well-equipped kitchen, three-piece bathroom, storage room, and private front and back garden space. Currently, it produces an annual gross income of £6,000 with tenants already situated, and its potential rental income makes it a worthwhile addition to an investor's portfolio. The tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. With its proximity to valuable amenities and potential for future rental income, this property is a fantastic opportunity for investors looking to generate rewarding returns.