Bourne Street, Easington, SR8 3RZ - 11% Rental Yield

was £53500.00

£48000.00

 

Bourne Street, Easington, SR8 3RZ - 11% Rental Yield

was £53500.00

£48000.00


Refurbished and Tenanted 2 - Bedroom Mid-terrace House.

Property Details

  • The property is freehold.
  • The property briefly comprises of entrance to Lounge, kitchen & Bathroom.
    Stairs to landing with 2 bedrooms.
  • EPC Rating C
  • The property has an exisiting tenant and was last refurbished prior to the tenant moving in and is still in good condition.

    Property Information Pack

Rental figures

This property is currently let at £388 pcm but will be increased to £425 pcm as soon as new AST created in new owners name.  This is £5,100 per annum, which gives a yield of 11%. 
To find out more please click on the following link - Services Provided by Our Trusted Local Agents

Refurbishment Work

This property was fully refurbished back in 2019 with a damp proof course, boiler, new kitchen bathroom etc.. and was refreshed before this tenant moved in in 2023 and they are looking after the property.

To find out more please click on the following link - Refurbishment Work

Location

Easington is a great area for rental properties and for first time buyers.  
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To find out more please click on the following link - High Yield Locations in County Durham

 

 

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