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3 bed semi-detached house
Sutherland Street, Seaham SR7
£100,000
Sutherland Street, Seaham SR7
£100,000
Price History
Initial price | £110,000 |
05/03/25 | £108,000 |
15/03/25 | £106,000 |
22/03/25 | £104,000 |
29/03/25 | £102,000 |
05/04/25 | £100,000 |
Price Change | -9.09% |
Description
This 3-bedroom semi-detached house in Seaham is a fantastic 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 tenants already in situ, the new owner can increase the rental income to a market rate of £8,100, making it a worthwhile addition to an investment portfolio. The current tenants have consistently paid their rent and have no plans to move out, ensuring a smooth transition for the new owner. With a Let Property Pack available for further details, this is a great opportunity for investors to capitalize on the property's rental potential.