This three bedroom terrace in Castletown (SR5) looks to be in reasonable condition but would benefit from updating the dated kitchen and bathroom
It's being offered for sale by a Manchester based online agent and they're giving all the signals the buyer may accept a cheeky offer, given the description states that "it is an ideal opportunity for buyers who are in a position to buy fairly quickly"
Sounds like they may be desperate...
It's being offered at 'Offers Over' £75,000 but I'd suggest trying to knock the £10k off that it will probably cost to update the kitchen, bathroom, replace the dodgy carpets and give it a lick of paint throughout
Based on a total cost of investment of £75k and an achievable £495pcm rent it will return a healthy 7.9% Gross Yield
Click here for details http://www.zoopla.co.uk/for-sale/details/37437105
Call me on 0191 567 8577 or email neil.whitfield@belvoirlettings.com if you'd like to discuss this or any aspect of the Sunderland property market
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