Wednesday, 17 June 2015

'Ready to Let' Modern 2 Bedroom Apartment (7.4% Gross Yield)

I was interested to see this modern top floor apartment in Silksworth come onto the market earlier this week, having worked with the developer during the construction of the development back in 2009

It looks to be in great condition and is bound to be popular with young professional tenants

It could be a bargain - it's on the market for £80,000 with the most recent sales of similar 2 bedroom apartments in this development being for £96,000 in 2013 and £99,995 in 2010

Based on paying the £80,000 asking price and a realistic £495pcm rent it will return 7.4% Gross Yield

Click here for details

Call me to discuss this property or any aspect of property investment in Sunderland - call 0191 567 8577, email or call into our office at 11 Frederick Street

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