Friday, 13 February 2015

5 x Echo 24 Apartments Update

At the end of last month I highlighted that 5 Echo 24 apartments were being offered for sale at auction on 12th February...

I'm pleased to say we've just heard from one of our current Landlords (who already owns several Echo 24 apartments) who has picked up three of the five - the sale will take a few weeks to complete but all going well it looks like he's picked up 3 decent investments given they've all been snapped up for less than £80,000 each



Based on this and a realistically getting rents of £650pcm or above, he'll be returning around 10% Gross Yield 

Call us on 0191 567 8577 or email neil.whitfield@belvoirlettings.com for a free, no obligation chat about Buy to Let investment in Sunderland

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