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Portfolio8 are delighted to bring to the market this 3-bedroom end terrace property at 12 Belsay Close, Ferryhill DL17 8SX.


Price:

£100,000.00

Gross Rent:

£6,900.00

Gross Yield:

6.9%

Tenancy Status: Tenanted

Tenure: Freehold

Furnishings: Unfurnished

The Property

Bedrooms
Bedrooms: 3
Bathrooms
Bathrooms: 2
Public Rooms
Public Rooms: 1
Furnishings
Unfurnished

View Floorplan

The property has been maintained by the landlord and the recent tenants to a very high standard and is immaculate throughout. In a quiet residential area of Ferryhill the property sits facing countryside with views and walks on its doorstep that many would be envious of. Cleves Cross Primary school is a 5-minute walk up the hill and had recently been scored outstanding by Ofsted, local shops andamenities are a 3-minute drive.

 

12 Belsay - Investment Highlights

  • Purchase price of £100,000 
  • Current rental price £575pcm
  • Tenants signed new terms till March 2023
  • Yield return of 6.9%
  • Located in a popular residential area
  • Boiler still within warranty 
  • Great views
  • Near all local transport links 
  • Let and managed by the current landlord but we have spoken to the local agent Peter Clark and they can provide a fully managed service at. Tenant find fee of £420 inc VAT and a monthly management fee of 12% inc VAT.
  • Freehold 
  • Current tenants looking for long term stay


Specialists in selling tenanted property for investors and landlords.

Earn rental income right up to completion.

Avoid costly void periods.

No need to evict tenants and distrut lives.

We have 1000's of investors actively seeking tenanted properties.

Portfolio8 - Property Investment

Get a question?

Our hugely experienced sales team are here to help you.

Contact Us

If you would like further details about this investment opportunity, please contact us using the form below or call us directly.

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Call: +44 (0) 161 537 2727