Two Bedroom Pallion Terrace (7.9% Gross Yield)

I don't tend to suggest Pallion properties too often, given most of them that come onto the market are 'Cottages' and quite frankly there's an awful lot of competition already out there - this is different, it's a terraced house with parking and lawned garden and therefore may be easier to rent

It looks to have a decent kitchen and bathroom but would need a lick of paint prior to letting

Given the most recent sale (last year) of a comparable property on this street was for £73k I'd suggest aiming to pay no more than £75,000 and if you do it will return 7.9% Gross Yield based on an achievable £495pcm rent

It's being sold by Peter Heron so click here for details http://www.rightmove.co.uk/property-for-sale/property-52604521.html and arrange a viewing through Peter Heron

Call me if you want to discuss this property or for any aspect of the Sunderland property market - call 0191 567 8577 or email neil.whitfield@belvoirlettings.com