Monday, 30 March 2015

'Ready to Let' 3 Bedroom Seaham Terrace (+6.5% Gross Yield)

This 3 bedroom mid-terrace is in the popular Eastlea area of Seaham and given the location and the condition of the property will attract good tenant interest from working families

I've based the figures on achieving a conservative £450pcm and the asking price of £83,000 - this generates a Gross Yield of 6.5% but it may be possible to get a higher rent (up to £495pcm at most) which would return 7.1%

Click here for details 

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