Monday, 16 November 2015

Two Dovedale Court, Seaham Apartments (9% Gross Yield)

Two similar 2 bedroom apartments are available in Dovedale Court, Seaham and both are being advertised for offers over / offers around £60,000

The last 3 apartments in this development have sold for £59k, £63k and £60k respectively so these prices look about right

Based on renting them for £450pcm and paying £60,000 they'll return a healthy 9.0% Gross Yield (but don't forget being leasehold there'll be service charges to consider & budget for)



One is being sold through Castledene http://www.rightmove.co.uk/property-for-sale/property-37940850.html and the other Jonathan Lewis http://www.rightmove.co.uk/property-for-sale/property-37947246.html so get in touch with either or both to get more details or arrange a viewing

Give me a call on 0191 567 8577 or email neil.whitfield@belvoirlettings.com if you'd like to have a chat about the rental appeal of these apartments or any aspect of property investment in Seaham or Sunderland

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