Maglona Street, Seaham SR7 3 bed terraced house for sale

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Maglona Street, Seaham SR7 3 bed terraced house for sale

Maglona Street, Seaham, SR7
£75,000

Our Summary

  • The property is in good condition with scope for future cosmetic updates, which could further increase its rental value and long-term capital growth
  • INVESTMENT OPPORTUNITY
  • Investment opportunity

Description

This three-bedroom terraced home on Magnolia Street is a ready-made investment opportunity for landlords, currently occupied by a tenant paying £495 per month and offering a potential yield of 8.5%. The property features a spacious living area, functional kitchen, three well-proportioned bedrooms, and a family bathroom, as well as a private rear yard. In good condition with scope for cosmetic updates, it provides a reliable income-generating asset with potential for long-term capital growth. Situated in a popular residential area with easy access to local amenities, schools, and transport links, this property is an ideal hands-off investment for landlords looking to expand their portfolio.