Portfolio of 4 properties in Easington - 9%-10% rental yield

 

Portfolio of 4 properties in Easington - 9%-10% rental yield


or call: 01483 663001

4 x Refurbished and tenanted terraced properties, all with sea views and upstairs bathrooms. 

The properties are all freehold.

2 x 2 bedrooms.
2 x 3 bedrooms

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

EPC Ratings are 3 x C, 1x D

Rental figures

The properties are currently all let, brining in £19,896 per annum which gives a rental yield of  9%.   Please note that it is likely that the rental income may increase to around £22,000 per annum later in the year as the local housing authority rates are increasing in April 2024 so the rental yeild will increase to 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

These properties were fully refurbished in 2018/2019 but have been tenanted and managed since then.  

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.  Including replacing the window where neccessary.

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

Properties also available to purchase individually.  Clink on the links below to see more details.

Alan Street, SR8 3QH, 2 bed, EPC C
Alan Street, SR8 3QH, 2 bed, EPC C
Ascot Street,  SR8 3RU, 3 bed, EPC D
Ascot Street, SR8 3RU, 3 bed, EPC C