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Belsay Close, Ferryhill DL17 2 bed terraced 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)
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, as well as on-street parking. Currently, the property generates an annual gross income of £6,000 with tenants already situated, and considering the purchase price and potential rental income, it's a worthwhile addition to an investor's portfolio. The current tenants have been living in the property for several years, consistently paying their rent, and have no intention of moving out, making for a smooth transition for the buyer.