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Cottages Road, Seaham, SR7 7RL- 7-9% Yield

£63500.00

 

Cottages Road, Seaham, SR7 7RL- 7-9% Yield

£63500.00

or call: 01483 663001

Refurbished and Tenanted 2-bedroom end terrace house. 

The property is freehold.  

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

First floor landing, 2 bedrooms and a bathroom.

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

EPC - D (should be a C following refurbishment work).

Rental figures

This property is currently let at £4,620 per annum which is £385 per month, but this property could achieve a rent of up to £450 per month which is £5,400 per annum, this gives a rental yield of 7-9%

Refurbishment Work

The tenant is happy with the decor but we will make sure that the property will be to a minimum of the Durham Decent Homes Standard before you complete you purchase including ensuring all certificates are up to date.