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Freehold

Offers over

£60,000

(£70/sq. ft)

2 bed terraced house for sale

Broom Cottages, Ferryhill DL17
2 beds
1 bath
861 sq. ft
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Offers over

£60,000

(£70/sq. ft)

2 bed terraced house for sale
Broom Cottages, Ferryhill DL17

    • 2 beds

    • 1 bath

    • 861 sq. ft

  • EPC Rating: C

Freehold

About this property

  • Buy-to-Let Opportunity

  • Spacious Lounge

  • Good Condition

  • Back Area

  • Easy Access to Local Amenities

  • Investment potential detailed below (Let Property Pack)

This 2 bedroom terrace house in Durham offers a prime investment opportunity. It boasts valuable amenities in close proximity, promising rewarding rental returns and a current tenant.

The well-maintained property features two bedrooms, three-piece bathroom, spacious lounge, fully-equipped kitchen and back area.

Investment Details:

The property currently generates an annual gross income of £5,400 which has the potential to be increased to a market rate of £6,000 with the current tenants in place. Considering the purchase price, this investment presents a substantial opportunity for investors seeking to expand their portfolio.

For further details on the property’s investment potential, please refer to the attached Let Property Pack. Should you express interest in this property, please contact us.

Tenancy Details:

The current tenants have consistently paid their rent throughout their tenancy and have no intention of relocating. They are committed to remaining in the property.

Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

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