Monday 4 January 2016

Two/Three Bedroom Redhouse Semi (8.3% Gross Yield)

This Two/Three Bedroom Semi could be worth a look as it offers the potential for a decent yield and all the signs are that the vendor looks motivated to sell quickly

I say Two/Three bedroom as looking at the internal pics the 3rd "bedroom" looks to be in the (non-Dormer) loft and would only suit a small child or vertically challenged adult


Even so, it may be worth a look - it's on at a cheap price and is being advertised by a Manchester based online agent who specialise in dealing with people who are looking to move quickly

With this in mind it's on at Offers Over £65,000 but I would suggest going in with a cheeky offer  of less than that 


Based on paying the £65k and working on a realistic £450pcm it will return 8.3% Gross Yield

It's being marketed by Springbok properties so click here for details http://www.zoopla.co.uk/for-sale/details/39095613 but you'll probably be shown round by the vendor

Call me if you'd like to discuss this or any aspect of property investment in Sunderland - call 0191 567 8577 or email neil.whitfield@belvoirlettings.com 


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