Bourne Street, Easington, SR8 3RZ- 10% Rental Yield

£50000.00

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Bourne Street, Easington, SR8 3RZ- 10% Rental Yield

£50000.00

<< 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 C

Rental figures

This property is currently let at £5,040 per annum, £420 pcm which gives a yield of 10%. 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 2021 including a new boiler in 2022. The smae tenant has been in the property since then and is up to date on payments but should that tenant leave the property there will need to be a full redecoration and carpets put in the property. The cost of this would be around £2800 and the price is dropped to reflect this. 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