Sutherland Street, Seaham SR7 3 bed semi

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Sutherland Street, Seaham SR7 3 bed semi

Sutherland Street, Seaham SR7
£105,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 3-bedroom semi-detached house in Seaham is an excellent investment opportunity for those looking to expand their portfolio. The well-maintained property features a spacious lounge, kitchen, and rear garden, and is currently producing an annual gross income of £7,800 with a tenant already in situ. With a market rate potential of £8,100, the new owner can increase the rental income, making it a worthwhile addition to their portfolio. The current tenants have been consistently paying their rent and have no intention of moving out, ensuring a smooth transition for the new owner.