Friday, 12 December 2014

Attractive 3 Bedroom Mid Terrace in South Hylton (7.3% Gross Yield)

This 3 bedroom terrace has undergone major internal improvements bringing it up to a very good standard throughout - this combined with the popular South Hylton location will make it attractive to a number of Good Tenants


It's on the market for OIRO £95,000 

This looks a little ambitious given it was last sold for £85,000 in 2006 and given comparable recent sales but if you could get it for £90k it could make a very decent investment

Based on paying £90,000 there would be no need for further spend on improvements, so based on £550pcm rent it would return 7.3% Gross Yield

Click here for details http://www.zoopla.co.uk/for-sale/details/35397354?tmad=c&tmcampid=35&utm_campaign=buy-alert&utm_content=contact-type-listing&utm_medium=email&utm_source=alert#sUChIPg1I6klrIsz.97


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

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