Tuesday 8 April 2014

Two Bedroom Apartment in Popular River View Development (8.5% Gross Yield)

Modern apartments aren't every investors cup of tea but this 2 bedroom upper floor apartment in River View will return 8.5% Gross Yield
Similar apartments in the development were originally bought for over £150k when it was first built but at the £70,000 asking price it represents a decent investment based on the £495pcm achievable rent, even factoring in the service charges etc
Sunderland Property Blog
We manage a number of apartments in River View and find them easy to let to either young professionals or students, with voids rarely being an issue
Call us on 0191 567 8577 or email neil.whitfield@belvoirlettings.com for more information

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