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1 bedroom apartment for sale
Newton Street, Ferryhill, County Durham, DL17
£36,000
Newton Street, Ferryhill, County Durham, DL17
£36,000
Our Summary
- The ground floor apartment generates a rent of £385pcm, while the top floor apartment generates a rent of £310pcm (potential to increase to £385pcm) making a yield of around 15%
- Council Tax - Band A - Durham CouncilThis property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
Description
Holbrook & Co Sales and Lettings are offering two apartments for sale through iamsold LIMITED, both of which have tenants already in situ. The apartments feature a living room, kitchen, bathroom, and one bedroom, with a private courtyard to the rear for the ground floor apartment. The ground floor apartment generates a rent of £385 per month, while the top floor apartment generates £310 per month, with potential to increase to £385 per month, making a yield of around 15%. The property is being sold freehold and the council tax is Band A with Durham Council. The sale will be completed through the Modern Method of Auction, with the buyer and seller required to complete within 56 days.