Wednesday, 1 April 2015

Three Bedroom Semi in Popular Fulwell Location (6.2% Gross Yield with Good Capital Growth Potential)

This 3 bedroom, 2 reception room semi is very close to Seaburn Metro & the Sea Road shops and with front and rear gardens as well as off-street-parking, it will be popular with working families 

It's offered in a good condition with a decent quality galley kitchen but it may may need a little decoration and new flooring in some of the rooms to bring it to the best lettable standard


Based on paying the £115,000 asking price and a realistic £595pcm it will return 6.2% Gross Yield but this sort of a property could be a rarity in also offering decent capital growth potential - on average, Fulwell properties have increased 7% within the last year but are still 17% down on 2008 levels

Click here for details https://www.onthemarket.com/details/912774/

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

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