Allan Street, Easington, SR8 3QH - 9%-10% Rental Yield

£50,000.00

Managed High yield property for Sale – Refurbished SOLD.jpg

High yielding tenanted property in the North East (2) Allan St FRONT.jpg

High yielding tenanted property in the North East (8) Allan ST LOUNGE.jpg

High yielding tenanted property in the North East Allan ST KITCHEN.jpg

High yielding tenanted property in the North East (5) Allan St STAIRS.jpg

High yielding tenanted property in the North East (3) Allan St Bedroom.jpg

High yielding tenanted property in the North East Allan ST bedroom 2.jpg

High yielding tenanted property in the North East (6) Allan ST bathroom.jpg

High yielding tenanted property in the North East (1) Allan ST VIEW.jpg

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Allan Street, Easington, SR8 3QH - 9%-10% Rental Yield

£50,000.00

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or call: 01483 663001

Refurbished and Tenanted 2-bedroom mid terrace house with a sea view.

The property is freehold.

The property briefly comprises of entrance hall with stairs to first floor, reception room and kitchen

First floor landing, 2 bedrooms and bathroom

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

EPC Rating is a C

Rental figures

This property will be let at £4,656 per annum which is £388 per month and gives a yield of 9%.

This property is currently let at £4,656 which is £388 per month, but should increase to £423 per month which is £5,076 per annum when the new tenancy agreement is signed due to the LHA increases in the area from April this year giving this property a 10% rental yield.

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 in 2019 and is likely to need new carpets, paint and kitchen if the current tenant was to move out (approx £5k work). 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.