Station Road, Easington, SR8 3SD - 9% Yield

£61000.00

 

Station Road, Easington, SR8 3SD - 9% Yield

£61000.00


or call: 01483 663001

Refurbished and Tenanted 2-bedroom mid terrace house. 

The property is freehold.  

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

First floor landing, 2 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 £4,800 per annum which is £400 per month but will be going up to £450 a month (£5,400 per annum) when the new buyer takes over, the which gives a yield of 9%

Refurbishment Work

This property was originally refurbished in Oct 22 and has had the same tenant in since then.  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 at the point of sale.