Thorpe Street, Easington, SR8 3LU - 11% Rental Yield

£62500.00

High yield property in the North East – Refurbished Kitchen (2).jpg

High yielding investment property – Refurbished 5 lounge.jpg

High yielding property in County Durham – Refurbished stairs (3).jpg

High yield property in County Durham – Refurbished bedroom (2).jpg

High yield property in County Durham – Refurbished bedroom (3).jpg

High yielding investment property in County Durham – Refurbished bedroom (2).jpg

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Thorpe Street, Easington, SR8 3LU - 11% Rental Yield

£62500.00

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Refurbished and Tenanted 3- Bedroom Mid-terrace House.

Property Details

The property is freehold.
The property briefly comprises of entrance to Lounge, kitchen & Bathroom.
Stairs to landing with 3 bedrooms.
EPC Rating D
The property will undergo the following work during the refurbishment (all included in the price of the property): Electrical Re-Wire, Roof Repair, New Bathroom, New Back Door, New Bathroom.
Please note that some of the pictures used are examples of how the rooms will look following refurbishment.

Property Information Pack

Rental figures

This property will be let at £550pcm on a 2yr AST which is £6,600 per annum, which gives a yield of 10%.
To find out more please click on the following link - Services Provided by Our Trusted Local Agents

Refurbishment Work

We will ensure that this property is to a minimum of the Durham Decent Homes Standard and also to the current Selective licensing conditions (durham.gov.uk) and as part of the sale we will also provide a warranty to cover any snagging issues on these items free of charge within your first 6 months of ownership.

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.
Selective Licence Required

LINK TO GOOGLE MAPS

To find out more please click on the following link - High Yield Locations in County Durham