Two bedroom house Stanley, County Durham, England, United Kingdom 2 Bed Townhouse £42,900 | €49,018 | $54,131 Request a Currency Exchange Quote Here

This large two bedroom house is amazing value at £42,900 for Stanley...

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Property Attributes

Building Characteristics

Terraced

Lifestyle features

Suburban, Town

Property Features

On Street Parking
Property Description ID:32064210

This property is ideally located in Stanley just 1.5 miles from the centre of town, the property comprises of a modern kitchen/ dining room, a large lounge, two bedrooms and a bathroom. Externally there is an enclosed yard to rear. The management company have already screened the tenants and they will place the tenants once you have closed on the property. This property is managed by a great local management company.

There are local shops and facilities available within New Kyo and nearby Annfield Plain. A more comprehensive range of facilities are available within nearby Stanley town centre. The A693 highway provides easy access to Chester le Street (A1M), Consett and Tyneside.

 

Investment Details

Purchase price: 42,900

Gross annual rental income: £5,100

Property running costs: £1,940
(Tax, insurance and management costs)

Net annual rental income: £3,160

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 11%

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