- Turn-key investment opportunity +
- Potential rental income of £550 +
- Newly renovated 3 bedroom home +
- Modern kitchen +
- Modern family bathroom +
- West-facing front aspect +
- No onward chain +
ONLINE AUCTION ...This newly renovated, well-presented three-bedroom terraced home represents an excellent turn-key investment opportunity and is ideally located within a popular residential area of Easington. The property will appeal equally to first-time buyers, growing families, or investors seeking a strong rental yield.
For investors, the property offers a potential rental income of £550 per calendar month, equating to an approximate annual rental yield of 11%, making this a highly attractive, income-ready investment.
The accommodation is arranged over two floors and begins with an entrance hall leading into a spacious reception room, providing an inviting space for everyday living, The property further benefits from a stylish, newly fitted kitchen, finished to a modern standard with ample storage and worktop space to suit contemporary living. A newly installed family bathroom completes the ground floor, fitted with modern, tasteful fixtures and fittings.
To the first floor, the home offers three generously sized bedrooms, all enjoying good levels of natural light and offering flexible accommodation for a range of needs.
Externally, the property benefits from a secure, paved rear courtyard, along with a desirable west-facing front aspect, ideal for enjoying afternoon and evening sun.
Additional benefits include double glazing throughout, gas central heating via a newly installed combination boiler, and the advantage of no onward chain, allowing for immediate occupation or rental.
The property has undergone a comprehensive programme of renovation works throughout, including full plastering and painting of all walls and ceilings, electrical works with the main electrical cabinets neatly boxed in, and the installation of a new combination boiler with full safety checks completed. New internal doors and skirting boards have been fitted throughout, along with new front and rear door locks and newly laid carpets. Further improvements include the installation of a brand-new kitchen with PVC flooring and a fully refitted bathroom. Externally, works include new eaves trays to the rear guttering, full cleaning of the guttering and roof, chimney repointing, sealing of gaps and joints, damp-proof treatment to the rear wall, repairs to the rear yard concrete, and repairs to the rear gate.
Conveniently positioned close to local amenities, schools, and transport links, including easy access to the A19 and the nearby Durham Heritage Coast, this home combines comfort, style, and convenience in a highly sought-after location.