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

£50000.00

 

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

£50000.00


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.