Tuesday, 8 March 2016

'Needs Work' 2 Bedroom Semi Near Academy 360 School (7.9% Gross Yield)

This 2 bedroom semi in Pennywell is close to the Academy 360 school so should attract families with children

Its being offered with vacant possession and most recently it looks to have had elderly occupiers so realistically to attract a Good Tenant it will need a new kitchen and bathroom, new flooring and redecoration - I'd budget on £10 - 15k to do this to a decent standard

It's being offered for sale at £64,950 so negotiate on the price and spend no more than £75,000 in total and it will deliver 7.9% Gross Yield based on a very realistic £495pcm 

It's on the market with Emily Charles so click here https://www.onthemarket.com/details/1856330/ for details and contact Emily Charles to arrange a viewing

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

1 comment:

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