Ascot Street, Easington, SR8 3RU - 10%-11% Rental Yield

was £56000.00

£53000.00

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Ascot Street, Easington, SR8 3RU - 10%-11% Rental Yield

was £56000.00

£53000.00

<< Back to property listings for sale

or call: 01483 663001

Tenanted 3-bedroom mid terrace house.

The property is freehold.

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

First floor landing, 3 bedrooms and a bathroom.

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

EPC - D

Rental figures

This property is currently let at £5,040 which is £420 per month, but could be let at up to £475 per month (£5,700) at the next change in tenant, but would need approx £2k work between tenants. This gives a yield of 10%-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 refurbished (2018)and is currently tenanted and tenant is happy with the decor but the property would need some work between tenants and the price has been lowered to reflect this. We guarantee that all of the certificates are in date and the 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