Tuesday, 5 January 2016

"Just Needs A Lick Of Paint" 3 Bedroom End Terrace (9.5% Gross Yield)

This 3 bedroom end terrace in Carley Hill looks to have had a modern kitchen fitted recently, with 3 bedrooms and 2 reception rooms so it will be popular with a range of working tenants

It does need a lick of paint throughout to neutralise the decoration but other than that looks to be a sound property investment

It will achieve around £475-£495pcm so based on the lower amount will return a very decent 9.5% Gross Yield based on paying the £59,950 asking price

It's being marketed by Peter Heron so click here https://www.onthemarket.com/details/2319308 for details and arrange to take a look through them

If you'd like more of my thoughts on this, or to discuss any aspect of property investment in Sunderland please call 0191 567 8577 or email neil.whitfield@belvoirlettings.com

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