Wednesday, 17 February 2016

"Needs Work" Hylton Castle Semi (7.7% Gross Yield)

This 2 bedroom semi in the popular Hylton Castle area of SR5 needs decoration throughout and a new kitchen and bathroom but it's realistically priced and if you can negotiate a bit of a discount it could stack up to be a decent BTL purchase

It's on the market for £64,950 and realistically will need £5 - £10,000 spending on it but if you can bring it all in for around £70,000 (conscious this will need a bit of haggling on the price) it will return 7.7% Gross Yield based on a realistic £450pcm rent


It's being marketed by Hunters so click the link for details http://www.zoopla.co.uk/for-sale/details/39361629 and call them to arrange a viewing

Call me on 0191 567 8577 or email neil.whitfield@belvoirlettings.com to discuss this property or any aspect of property investment in Sunderland



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