Ferryhill - FREEHOLD - Readymade and Income Producing 2 x 1 Bed Apartments - Click for more info

Ferryhill, County Durham
£54,000.00

Property Investors App

Posting for 2+ years

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Contact Property Investors App


propertyinvestorapp.co.uk

Property Investors App

Posting for 2+ years

See all ads

Contact Property Investors App


propertyinvestorapp.co.uk
Posted
11 days ago
Seller type
Agency
Property type
Flat
Number of bedrooms
2

Description

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

FREEHOLD - Readymade and Income Producing 2 x 1 Bed Apartments

Church Street, Ferryhill, DL17 0DU

Purchase Price = £54,000

Finder’s Fee = £4,000 + Vat

Current Gross Income = £585 pcm = £7,020 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £380 pcm = £4,560 per annum

Self Managed = £450 pcm = £5,400 per annum

For a limited time only, we have managed to secure a readymade and income producing 2 x 1 bed apartment within proximity to Ferryhill Town Centre.

The property was originally a terraced property which has been converted into 2 x 1 bedroom flats

The property is currently fully tenanted achieving £585 per month. There is scope to increase the income, if the tenant that pays £260 pcm moves out, the flat could be rented for £325 and the property could achieve £650 per month.

The property is situated in a perfect location close to transport connections, local shops and all local amenities.

Flat sizes :

Ground Floor = 42 Square meters = EPC Rating = D
First Floor = 54 Square Meters = EPC Rating = D

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

Ad ID: 1409432425


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