Ugly Two Bedroom End Terrace - Possible Auction Bargain (+7% Gross Yield)

We highlighted this 2 bedroom end of terrace house back in October 2013 when it was on the market for £69,950

Since then it hasn't got any prettier but as it is now being auctioned later this month with a guide price of £49,950 it could make an even better investment!

As before we'd suggest £450 is achievable, so would deliver a very attractive 10.8% Gross Yield based on the guide price or if it gets bids and sells at the £70k mark it would still deliver 7.7% Gross Yield 

 

Give us a call on 0191 567 8577 or email neil.whitfield@belvoirlettings.com for more information