Avon Street, Easington, SR8 3PX - 10% Yield

was £53,500.00

£49,000.00

<< Back to property listings for sale

Avon Street, Easington, SR8 3PX - 10% Yield

was £53,500.00

£49,000.00

<< Back to property listings for sale

or call: 01483 663001

Details

Tenanted 3-bedroom terraced property which overlooks a green

The property is freehold.

The property briefly comprises of entrance to lounge and Kitchen and toilet & shower room and stairs to first floor.

First floor landing, 3 bedrooms & a bathroom

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

EPC Rating is a D (only 2 point off a C though!)

Rental figures

This property is currently let at £4656 per annum which is £388 per month which gives a yield of 10%, but if it was empty and we could find a new tenant for £450 pcm giving £5400 per annum.

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 was refurbished back in 2019, has had 1 lady tenant and is still in good condition.

All of the certificates are in date and it is to a minimum of the Durham Decent Homes Standard and also to the current selective licensing conditions and as part of the sale we provide a warranty to cover any snagging issues on these items free of charge within your first 6 months of ownership

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

Londlords Comments

“I purchased 7 properties from Readylet approx 4 years ago, during which time I have been very satisfied with the rental returns and the excellent service the company has provided. Their attention to detail of any queries I have had has always been prompt and efficient.
I now wish to sell 2 of my properties to supplement funding of a further holiday home for myself”