Summary - 6 GLADSTONE TERRACE FERRYHILL DL17 0AA
3 bed 1 bath Terraced
**Standout Features:**
- Three bedrooms and one bathroom
- Two open-plan reception rooms
- Generously sized kitchen
- Freehold tenure, ideal for investment
- Tenants in situ generating annual rental income of £6,900
- Gross yield between 9-10%
- Double glazing and gas central heating present
- Above-average square footage for a terraced property
**Potential Concerns:**
- Need for modernization in some areas
- Modest garden space typical for terraced homes
- Located in a deprived area with average crime rate
**Summary:**
Discover this spacious three-bedroom terraced house, perfectly positioned in a quiet residential area, offering a fantastic investment opportunity. With tenants already in place, this home generates an impressive rental yield of 9-10%, making it an ideal purchase for savvy investors. The property features high ceilings and well-proportioned rooms, including two open-plan reception areas and a sizable kitchen, ensuring comfortable family living. While modern touches are needed in some areas, the property's overall structure remains solid with double glazing and efficient gas central heating.
Located within proximity to well-rated schools, including Cleves Cross Primary with an 'Outstanding' Ofsted rating, this home not only serves as a great investment but also a potential family haven. Although the outdoor space is limited typical of terraced homes, you’ll enjoy the convenience of street parking and an inviting, community-centric neighborhood. Make your move today—properties of this caliber, especially with existing tenancy, are rare to find!
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