Barwick Street, Easington, SR8 3SA - 11% Rental Yield

£48500.00

<< Back to property listings for sale

Barwick Street, Easington, SR8 3SA - 11% Rental Yield

£48500.00

<< Back to property listings for sale

or call: 01483 663001

Refurbished & Tenanted 2-bedroom mid terrace house.

The property is freehold.

The property briefly comprises of entrance hall with stairs to first floor, lounge, kitchen and bathroom.

First floor landing and 2 bedrooms.

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

EPC Rating D

Rental figures

This property is currently let at £4,800 per annum, £400 pcm but will be increased to £425pcm, £5,100 per annum, with next landlord as per the local housing authority rate increase, which will give it a rental yield of 11%. To find out more about the management services that we offer please click on the following link - services-provided-by-ready-to-rent

Refurbishment Work.

The property has previously been fully refurbished in 2019 but was refreshed for a new tenant in August 2023 year and will be getting a new boiler included in the price of the property. 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) at the point of Sale.

For more information please click on the following link - refurbishment-process