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Offers Over
£93,000
Location
Blandford Place, Seaham, SR7 7EL
Size
-
Tenure
Freehold
Type of property
Commercial Unit
Current Yield
14.9%
Monthly Income
£1,148
Property Information

This is a commercial unit located in Seaham with a tenant currently situated that is currently generating a steady, rewarding rental income for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The property features a large central area for primary business operations, a kitchen, and a bathroom.

Investment details

It currently produces an annual gross income of £13,776. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.


For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Letting Agency Fees
Ownership CostsWhat are these?
Calculated Returns
Paisley benefits from an average of 4.5% capital growth. Learn more
Purchase Costs
Based on monthly income of
£1,148
Cashflow p/m
1148
Current Yield
12%
Based on potential rent of
£1,148
Cashflow p/m
1148
Potential Yield
12%
Monthly Income
£1148 pcm
Potential Rent
£1148 pcm
Length of Tenancy
5 years+
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown
Not available for this property
Not available for this property
Not available for this property
Not available for this property
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Running Costs
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown