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1 bedroom apartment for sale
Newton Street, Ferryhill, County Durham
£40,000
Newton Street, Ferryhill, County Durham
£40,000
Price History
Initial price | £45,000 |
20/12/23 | £40,000 |
Price Change | -11.11% |
Description
This is a fantastic investment opportunity to purchase a ground-floor apartment with a large lounge space, king-size master bedroom suite, and modern fitted kitchen, as well as a first-floor apartment with a generous sized lounge/kitchen/dining space, family bathroom, and large bedroom suite. The property has been converted from a terraced house into two high-quality apartments, each with potential rental value of £300 PCM (£600 together/ £7200 per annum) and a yield of 16%. The property is freehold and Council Tax is Band A. The property is being sold through iamsold LIMITED using the Modern Method of Auction, with the buyer and seller required to complete within 56 days of the Reservation Period.