Thursday, 23 January 2014

Two Bedroom Terrace For Sale by Auction - Close to Sunderland Royal Hospital

This 2 bedroom terrace is 'ready to let' and as it's located a stone's throw away from Sunderland Royal Hospital is likely to be popular with a wide range of tenants

Sunderland Property Blog

It's being sold at Auction at the end of February with a guide price of £54,950
It will achieve at least £450pcm rent (possibly £475) so based on a total investment of £77,000 will deliver a 7.0% Gross Yield

This looks feasible given the most recent sale in this street was for a similar property for £78,000 in 2011

For more information please give us a call on 0191 567 8577 or email neil.whitfield@belvoirlettings.com

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