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

£56,000.00

Managed High yield property for Sale – Refurbished SOLD.jpg

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High yielding tenanted property in County Durham Ascot Street Kitchen diner (7).jpg

High yielding tenanted property in County Durham Ascot Street lounge (1).jpg

High yielding tenanted property in County Durham Ascot Street Bedroom 3 (5).jpg

High yielding tenanted property in County Durham Ascot Street Bedroom 1 (3).jpg

High yielding tenanted property in County Durham Ascot Street Bedroom 2 (4).jpg

High yielding tenanted property in County Durham Ascot Street BATHROOM(2).jpg

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

£56,000.00

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or call: 01483 663001

Refurbished and 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 - C

Rental figures

This property is currently let at £5,400 which is £450 per month, but should be let at up to £475 per month which is £5,676 per annum after April this year. This 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 refurbished and had a new boiler in 2018, and has recently been refreshed for a new tenant, but it is tenanted with a famility with young children and will likely need a fresh redec and carpets if the tenant was to move out (approx £3k). For more information please click on the following link - refurbishment-process

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.