Thursday 18 June 2015

Immaculate South Hylton Semi (7.3% Gross Yield)

This 3 bedroom ex-council semi has been renovated to a very good standard throughout and given the shortage of good quality family homes in sought-after South Hylton it's bound to be popular

It's got a lot going for it - large gardens to front & rear, overlooking a pleasant green, it's got a large, modern open plan kitchen and a stylish bathroom 


It's being advertised for OIRO £89,950 and based on paying this and achieving a very realistic £550pcm rent it will return 7.3% Gross Yield - it may be possible to achieve higher rent (upto £595) and therefore get a better return, but I'm erring on the side of caution...

Click here for details http://www.rightmove.co.uk/property-for-sale/property-48741313.html 

Call me on 0191 567 8577 or email neil.whitfield@belvoirlettings.com to discuss this or any aspect of property investment in Sunderland 

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