**Standout Features**
- Price: £65,000
- Freehold tenure
- Gross rental yield exceeding 10% with a tenant in situ
- Two bedrooms, two reception rooms, with both a bathroom and separate shower room
- UPVC double glazing and gas central heating
- Just 5-10 minutes walk from central shopping area
- Potential for modernization
**Summary**
Discover an excellent investment opportunity with this charming Victorian terraced house in Ferryhill. Currently generating an impressive gross rental yield of over 10% with a reliable tenant in place, this property is perfect for investors looking for immediate returns. The home features two cozy bedrooms and two reception rooms, providing ample living space for a small family or tenants. It boasts both a family bathroom and a convenient shower room, with gas central heating and double glazing throughout.
While the kitchen is in need of modernization, this gives you the chance to add your own style and functionality. The property is situated within a residential area just a short stroll from shops and local amenities, enhancing its appeal for potential renters. With excellent broadband speeds and a fantastic mobile signal, it caters to modern living needs.
This property’s location near respected primary and secondary schools makes it ideal for families as well. Although the garden is not depicted, typical terraced homes in the area usually feature small rear yards for outdoor enjoyment. With a competitive price point and substantial rental yield, don’t miss out on this opportunity to invest in a property with considerable future potential!
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