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£53,000
Rennie Street, Ferryhill, County Durham, DL17
- 2 beds
£53,000
- 2 beds
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Estimate monthly mortgage payment:
£242 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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A mid terrace property which is SPLIT INTO TWO SELF-CONTAINED APARTMENTS which are currently let at a COMBINED MONTHLY RENT OF £630. The first floor apartment is let at £330pcm with the ground floor apartment being let at £300pcm. Both apartments have been refurbished (2020) to a high standard by the current owners and offer easy to let apartments of a good standard with an EPC of C. The rear of the property has been recently insulated and both apartments are warmed by gas combi boilers. The ground floor apartment has a lounge/dining room/bedroom, a modern kitchen and a shower room. The first floor apartment is slightly larger and has a lounge/dining room/bedroom, a modern kitchen and a bathroom. Externally is a shared yard to the rear. An excellent investment opportunity. Viewing is strongly recommended.
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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Property details
£53,000
2 bed property for sale
Rennie Street, Ferryhill, County Durham, DL17
A mid terrace property which is SPLIT INTO TWO SELF-CONTAINED APARTMENTS which are currently let at a COMBINED MONTHLY RENT OF £630. The first floor apartment is let at £330pcm with the ground floor apartment being let at £300pcm. Both apartments have been refurbished (2020) to a high standard by the current owners and offer easy to let apartments of a good standard with an EPC of C. The rear of the property has been recently insulated and both apartments are warmed by gas combi boilers. The ground floor apartment has a lounge/dining room/bedroom, a modern kitchen and a shower room. The first floor apartment is slightly larger and has a lounge/dining room/bedroom, a modern kitchen and a bathroom. Externally is a shared yard to the rear. An excellent investment opportunity. Viewing is strongly recommended.