Ideal Investment Opportunity – 3-Bedroom Terraced Home on Magnolia Street
Seaham, , See map
£75,000
Asking Price
Property Summary
This well-presented three-bedroom terraced home on Magnolia Street offers an excellent opportunity for investors seeking a ready-made buy-to-let property. Currently occupied with a tenant in situ paying £495 per calendar month, the property provides immediate rental income and a strong potential yield of 8.5%
Inside, the home features a spacious living area, a functional fitted kitchen, three well-proportioned bedrooms, and a family bathroom. There is also a private rear yard, offering low-maintenance outdoor space. The property is in good condition with scope for future cosmetic updates, which could further increase its rental value and long-term capital growth.
Situated in a popular residential area with good access to local amenities, schools, and transport links, this is an ideal hands-off investment for landlords looking to expand their portfolio with a reliable, income-generating asset. Call the office today to arrange your viewing.
Inside, the home features a spacious living area, a functional fitted kitchen, three well-proportioned bedrooms, and a family bathroom. There is also a private rear yard, offering low-maintenance outdoor space. The property is in good condition with scope for future cosmetic updates, which could further increase its rental value and long-term capital growth.
Situated in a popular residential area with good access to local amenities, schools, and transport links, this is an ideal hands-off investment for landlords looking to expand their portfolio with a reliable, income-generating asset. Call the office today to arrange your viewing.
Full Details
Entrance Hall
UPVC entrance door to hallway, with radiator, door to lounge and stairs leading to first floor.
Lounge 4.52 x 4.73
Double glazed window to front, radiator and laminate flooring.
Kitchen 4.19 x 2.79
Double glazed window to rear, radiator, a range of wall and base units, standard sink unit and stand alone electric oven.
Bathroom 2.66 x 1.47
Double glazed window to rear, radiator, corner bath, WC and wash hand basin.
First Floor Landing
Double glazed window to rear and loft access.
Bedroom 1 3.35 x 3.90
Double glazed window to front and radiator.
Bedroom 2 3.80 x 3.46
Double glazed window to rear and radiator.
Bedroom 3 2.28 x 2.92
Double glazed window to front and radiator.
Externally
To the rear of the property there is a yard, with astro turf and a shed and to the front of the property there is on street parking.
Disclaimer
Your home is at risk if you do not keep up repayments on your mortgage or other loans secured on it. MORTGAGE ADVICE It is now a legal requirement under the Estate Agents Act 1991, to establish what mortgage, if any, is required and to confirm the applicants ability to obtain this finance. If you need any help or advice over obtaining a mortgage, our mortgage department will be pleased to help and advise you on all Building Society or Bank mortgages without obligation. This service is available even if you are not buying via ourselves. Written quotations available on request. There is no charge for this service. Please note that all sizes have been measured with an electronic measuring tape and are approximations only. Under the terms of the property miss-descriptions act we are obliged to point out that none of the services described in these particulars have been tested by ourselves. We present these details of the property in good faith and they were accurate (truncated)
Material information
Construction- Brick with tiled roof
Electric car charger- No
Local information- TBC
Broadband Speed- Can be obtained using this link Mobile Phone Signal- Unaware of any issues
