Tuesday, 21 July 2015

Another Very Lettable 2 Bedroom Farringdon Flat (8% Gross Yield)

I've previously updated the blog with details of the success one of our Landlords had buying a similar property to this (which was highlighted on the blog), getting our trusted contractor to do it up and letting it out earlier this year

This is a similar property in a block just round the corner and whilst it's not the absolute steal that the Cragside House property was it still looks likely to deliver a very healthy 8% Gross Yield

Priced at £55,000 it may need a couple of thousand pounds worth of work to freshen it up so based on reasonably knocking this off the price it will deliver the 8% Gross Yield based on £400pcm rent

Click here for details https://www.onthemarket.com/details/1782943

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

No comments:

Post a Comment