Friday, 16 May 2014

Large South Hylton 2 Bedroom Semi Offering 7% Gross Yield

Ex council properties such as this in South Hylton are popular with working families and this one is in a good condition with an attractive garden, so will rent well

It might need a lick of paint to freshen it up and new carpets/flooring but other than that the kitchen & bathroom look good so it's not going to take much more than the £84,950 asking price to get it to an attractive lettable condition

Based on the above and a £495pcm rent it will return 7% Gross Yield and crucially you should never be stuck for a tenant

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

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