Ascot Street, Easington, SR8 3RU- 10% Rental Yield

£56000.00

 

Ascot Street, Easington, SR8 3RU- 10% Rental Yield

£56000.00


or call: 01483 663001

Refurbished and Tenanted 3-bedroom mid terrace house.

The property is freehold.  

The property briefly comprises of entrance hall with corridor to the lounge, kitchen and stairs to first floor.

First floor landing, 3 bedrooms and a bathroom.

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

EPC - C

Rental figures

This property is currently let at £5,400 which is £450 per month, but should be let at up to £475 per month which is £5,676 per annum after April this year. This gives a yield of 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

The property has previously been refurbished and had a new boiler in 2018, and has recently been refreshed for a new tenant, but it is tenanted with a famility with young children and will likely need a fresh redec and carpets if the tenant was to move out (approx £3k). 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.