Tuesday, 27 October 2015

Unusual Split Level 2 Bedroom, 2 Reception Room Cottage (7.8% Gross Yield)

I see plenty of these terraced cottages in Sunderland and whilst each one is subtly different in layout you don't often see a split level one like this!

This one is located next to the Richard Avenue Primary School & Thornhill Secondary School as well as being close to Barnes Park

It's got 2 good size and 2 reception rooms, a cellar (again this is unusual) and a carport at the rear

The decoration & some of the fittings are a bit fussy and 'old person' but a lick of paint should sort this out

Once it's had the lick of paint and the fittings have been modernised I'd suggest it will be possible to achieve £550pcm, which based on paying the asking price will return 7.8% Gross Yield

Click here for details https://www.onthemarket.com/details/2013734

Call me if you'd like to discuss this or to chat about any aspect of property investment in Sunderland

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