Ascot Street, Easington, SR8 3RU - 10% Rental Yield

£56500.00

 

Ascot Street, Easington, SR8 3RU - 10% Rental Yield

£56500.00


or call: 01483 663001

Refurbished and Tenanted 3-bedroom mid terrace house.

The property is freehold.

The property briefly comprises of entrance to Lounge, dining area and kitchen.

First floor landing, 3 bedrooms & a bathroom.

The property is in a good area for rental properties and for first time buyers.  

EPC Rating - getting done as part of included refurb costs  - should be a C/D on completion.

Refurbishment Work

We will ensure that this property is to a minimum of the Durham Decent Homes Standard  and also to the current Selective licensing conditions (durham.gov.uk) and as part of the sale we will also provide a warranty to cover any snagging issues on these items free of charge within your first 6 months of ownership.

 

Rental figures

This property is currently let at £475pcm  which is £5,700 per annum, which gives a yield of 10%.  Has potential to rent out for £550 pcm which is £6,600 per annum.  To find out more about the management services that we offer please click on the following link-                                                                       

Services Provided by Our Trusted Local Agent

 

Please call us on 01483 663001 to speak to our friendly team and find out more!