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Barwick St, Easington, SR8 3SA - 10% Rental Yield

£49,000.00

 

Barwick St, Easington, SR8 3SA - 10% Rental Yield

£49,000.00

or call: 01483 663001

Details

Tenanted 2-bedroom terraced house.

The property is freehold.

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

First floor landing, 2 bedrooms.

EPC D

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

Rental figures

This property is currently let at £4,656 per year, £388 per which gives a yield of 10%

Refurbishment Work

This property had a full redecoration in 2018 including a damp proof course, electrics and a new boiler .  We will ensure that the property is to a minimum of the Durham Decent Homes Standard  and also to the standard for the current selective licensing conditions, at the point of sale.  Please note that the current tenant is happy in the property and is likely to stay long term but it is likely to need new carpets and redec if they were to move out before putting in the next tenant.

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