Currently tenanted with a monthly income of £550 pcm giving you a 9.7 % yield, with a potential to increase to increase to £625pcm increasing the yield to 11.5%.
This quirky terraced house is situated just a short walk from Seaham Harbour with good transport links.
The internal layout comprising of: Entrance hall, lounge, fitted kitchen/breakfast room. To the first floor are three good size bedroom and bathroom. The property benefits from gas central heating and double glazing throughout.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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