Woods Terrace, Murton, Seaham... 2 bed flat for sale

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Woods Terrace, Murton, Seaham... 2 bed flat for sale

Woods Terrace, Murton, Seaham, Durham, SR7 9AG
£45,000

Price History

Initial price £59,000
15/01/25 £49,000
01/02/25 £45,000
Price Change -23.73%

Description

This investment property, sold via online auction, features a sitting tenant paying £500 per month, generating a 9.23% yield, with a minimum 3-year lease. The deceptively spacious two-bedroom first-floor flat is situated on Woods Terrace in Murton, close to shops, schools, and a bus route. The property boasts a communal entrance, open-plan kitchen/lounge, two bedrooms, including an en-suite shower room in the master bedroom, and a family bathroom. Gas central heating and double glazing are installed throughout, and a car park is available across the street for parking. The property is tenanted and managed locally, with all necessary certificates in place.