Tuesday, 28 October 2014

Three Bedroom Pallion Semi (7.3% Gross Yield)

Pallion has a lot of terraced 'cottages' and ex-council semis but not so many of this type of traditional semi, which given this is a 3 bedroom property (which are in short supply in Sunderland) will mean this will be popular with a range of tenants

It's on the market for £79,950 and whilst the kitchen looks acceptable the lack of bedroom and bathroom photos suggests it would be worth working on a further spend for decoration, flooring (and possibly a new bathroom suite) to bring it to a good, lettable condition 

Based on a £10k improvement budget on top of the above it will return 7.3% Gross Yield, working on £550pcm rent

Click here for details http://www.zoopla.co.uk/for-sale/details/34978795?tmad=c&tmcampid=35&utm_campaign=buy-alert&utm_content=contact-type-listing&utm_medium=email&utm_source=alert#5X6kWIzEHHOWBbSA.97

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

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