Thursday, 15 October 2015

'Needs Work' 3 Bedroom Town End Farm Semi (8.25% Gross Yield)

This 3 bedroom semi in Town End Farm offers spacious family accommodation but it's pretty dated and therefore is going to need full redecoration along with a new kitchen and bathroom to maximise it's letting potential

It's being advertised at OIRO £72,950 so I'd assume that you should be able to get it for £70k or less - based on that assumption you'd be wise to budget on £10k for the works, so I'd budget on a total investment of around £80,000

Good quality 3 bedroom Town End Farm semi's are now achieving £550pcm so based on this it would achieve  8.25% Gross Yield






Click here for details https://www.onthemarket.com/details/2113589 

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

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