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Poplar Street

Ferryhill, Durham

£60,000

  • Two bedroom terrace
  • Current net yield: 8.4%
  • Being sold with tenants in situ
  • Strong rental income: £420pcm
  • Tenure: Freehold

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Poplar Street, Ferryhill

Attractive Tenanted  Investment | £60,000 | Freehold | 8.4% Net Yield
Overview

An excellent turnkey buy‑to‑let investment, this well‑presented two‑bedroom mid‑terrace is located in a popular residential area of DH9. The property is being sold with long‑term tenants in situ, providing immediate income from day one.

With a strong rental history, low void risk, and affordable entry price, this is an ideal addition to any investment portfolio.

Key Features
  • 2‑bedroom mid‑terraced home
  • Tenants in situ – income from completion
  • Current rent: £420 per calendar month
  • Freehold tenure
  • EPC Rating: C – increasingly desirable for long‑term compliance
  • Located close to transport links, amenities, schools, and local employment centres
  • Low‑maintenance investment with consistent rental demand
Financials
  • Asking Price: £60,000
  • Current Rental Income: £420 PCM / £5,040 per annum
  • Gross Yield: Approx. 8.4%

This yield outperforms many comparable properties in the region and represents a strong return at an accessible price point.

Investment Highlights

Immediate Income

With tenants already in place and paying reliably, this is a hands‑off investment that delivers instant returns.

Strong Yield Performance

At 8%+, the property performs well against local and national averages, making it highly attractive for investors looking to grow their passive income.

Energy‑Efficient EPC C Rating

Properties with higher EPC ratings are increasingly sought after due to evolving rental legislation and tenant preferences.

Freehold Ownership

No service charges or ground rent, maximising your net return.

Location

Positioned in a well‑established residential area, 38 Poplar Street benefits from:

  • Good access to public transport
  • Local shops and amenities
  • Nearby schools and community services
  • Strong long‑term rental demand
Summary

38 Poplar Street, DH9 7AY offers an affordable, high‑yield, ready‑made investment opportunity with tenants already in place. It is ideal for both new landlords and experienced investors seeking stable returns and long‑term rental performance.

Return on Capital Employed (ROCE) Calculator

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Property Price


Mortgaged

Cash Purchase

Deposit

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25%

£60,000.00

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£3,000.00

£3,000.00

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