This 3 bedroom first floor flat is being sold at auction, looking for Offers Over £52,000
There's a £6,000 Buyers Premium on top of the agreed sale price and it will need £5,000 - £10,000 of work to finish off the incomplete refurb so it may be worth budgeting on a total investment of £70,000
At this amount it will deliver 7.7% Gross Yield based on a very realistic £450pcm rent (it may be possible to achieve £495 depending on the condition of the property, which would push the Gross Yield up to 8.5%)
Click here for details https://www.onthemarket.com/details/2074855
Call me on 0191 567 8577 or email neil.whitfield@belvoirlettings.com for more information on this property or to discuss any aspect of property investment in Sunderland
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