Property description
Gilmore Estates welcome this fantastic investment property with the potential of a massive 23.15% return on investment. The LHA rate for a 2 bedroom house in County Durham is £88.85 per week or £4620.20 per annum.
The property does require refurbishment.
Located within walking distance of local amenities such as shop, cafes, local market, doctors etc there are also regular bus services to other parts of County Durham and the North East.
A great price not to be missed.
Entrance : Upvc entrance door into lounge
Lounge : 4.85m x 4.61m (15'11" x 15'1") , Upvc double glazed window to front, central heating radiator and brick fire surround, stairs to first floor.
Kitchen : 1.95m x 4.61m (6'5" x 15'1") , Upvc double glazed window to rear, Upvc door to rear yard, central heating radiator.
Bedroom One : 3.89m x 3.75m (12'9" x 12'4") , Upvc double glazed window to front, central heating radiator.
Bedroom Two : 2.13m x 3.09m (6'12" x 10'2") , Upvc double glazed window to rear, central heating radiator.
Bathroom : 2.13m x 1.80m (6'12" x 5'11") , Upvc double glazed window to rear, central heating radiator, bath, low level WC, and pedestal wash hand basin.
Yard : Enclosed private yard to rear.
Property Features :
- TERRACED HOUSE
- TWO BEDROOMS
- YARD TO REAR
- UPVC DOUBLE GLAZING
- IN NEED OF REFURBISHMENT
- RENTAL LHA RATE £88.85 PER WEEK
- INVESTMENT RETURN 23.15%
- WALKING DISTANCE OF ALL LOCAL AMENITIES