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West St, Seaham, SR7 7HT - 8%-9%

£77000.00

 

West St, Seaham, SR7 7HT - 8%-9%

£77000.00

or call: 01483 663001

Details

Tenanted 3-bedroom mid terrace house.

The property is freehold.  

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

First floor landing, 3 bedrooms and bathroom.

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

EPC D

 

Rental figures

This property is let at £6,000 per annum which is £500 per month. This gives a yield of 8%
Properties in the area are currently renting at closer to £575 so ythere is a good chance of increasing the rent on this prooerty in the future which would then give the property a 9% rental yield.

 

Refurbishment Work

The property has been refurbished  to a minimum of the Durham Decent Homes Standard  and also to the current selective licensing conditions and as part of the sale we provide a warranty to cover any snagging issues on these items free of charge within your first 6 months of ownership 

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