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8, Highcliffe Terrace, Ferryhill, Ferryhill, DL17 8AE

Offers Over £65,000Freehold

212
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Key Information

Tenure:Freehold
Council tax band:A
Broadband:up to 9000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

EPC D Rating
ÂŁ475 PCM Rental Income
TENANTED INVESTMENT OPPORTUNITY - CASHFLOW FROM DAY ONE!
8.75% GROSS YIELD
Lettings & Management Services Available
Popular Ferryhill Location

Description

Charming two-bed terraced house in Ferryhill with a ÂŁ475 PCM rental income. EPC D rating & 8.75% gross yield makes it a lucrative investment. Hassle-free ownership with available management services. Ideal for savvy investors seeking a profitable opportunity in a sought-after location.

Welcome to this charming two-bedroom terraced house located in the heart of Ferryhill. This property is not just a home; it's a TENANTED INVESTMENT OPPORTUNITY that promises a steady cash flow from day one with a rental income of ÂŁ475 PCM. With an impressive EPC D rating and boasting an attractive 8.75% gross yield, this house is a lucrative option for savvy investors looking to expand their portfolio. Lettings and management services are also available, ensuring a hassle-free ownership experience.

Don't miss out on this opportunity to own a profitable investment property with a charming outdoor space in a sought-after location!

Entrance Lobby/Hallway
UPVC Entrance Door, laminate flooring.

Living Room 11' 5" x 10' 3" (3.48m x 3.12m)
UPVC bay window, electric fire, carpet, radiator.

Dining Room 11' 9" x 10' 2" (3.59m x 3.10m)
UPVC french doors to rear, carpet, radiator.

Kitchen 15' 9" x 6' 9" (4.79m x 2.05m)
Window to rear, tiled flooring, fitted wall and base units, sink/drainer, electric oven & hob, extractor fan, under stairs storage cupboard, access to rear yard.

Stairs & Landing
Carpet flooring, window to landing.

Bedroom One 10' 3" x 13' 3" (3.12m x 4.04m)
Window to front, carpet, radiator, fitted wardrobes.

Bedroom Two 8' 0" x 10' 3" (2.43m x 3.13m)
Window to rear, carpet, radiator, fitted wardrobes.

Bathroom 9' 7" x 5' 6" (2.91m x 1.68m)
Double glazed window, bath with shower over, basin, WC, tiled flooring, tiled splashbacks.

Arrange Viewing

Broom Cottages Primary & Nursery School
(0.16 miles)
Requires Improvement
Number of pupils: 301
Age Range: 3 - 11
The Woodlands
(0.16 miles)
Good
Number of pupils: 163
Age Range: 6 - 16
Cleves Cross Primary and Nursery School Academy
(0.43 miles)
Number of pupils: 253
Age Range: 3 - 11
Dean Bank Primary and Nursery School
(0.44 miles)
Good
Number of pupils: 177
Age Range: 2 - 11
Ferryhill Business and Enterprise College
(1.07 miles)
Number of pupils: 733
Age Range: 11 - 16
Ferryhill Station Primary School
(1.25 miles)
Requires Improvement
Number of pupils: 60
Age Range: 3 - 11
West Cornforth Primary School
(1.53 miles)
Outstanding
Number of pupils: 210
Age Range: 2 - 11
North Park Primary School
(1.82 miles)
Requires Improvement
Number of pupils: 229
Age Range: 3 - 11
Windlestone School
(1.9 miles)
Inadequate
Number of pupils: 73
Age Range: 11 - 16
St Charles' Catholic Primary School, Tudhoe
(2.06 miles)
Number of pupils: 210
Age Range: 4 - 11

Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ342 /mo.25 Years, 5% Interest
Loan
ÂŁ58,500
Total Repay
ÂŁ102,596

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ0
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