Thursday, 3 March 2016

Ready To Let 2 Bedroom Ground Floor Flat (7.9% Gross Yield)

This 2 bedroom ground floor flat looks to be in a great condition that can be let without any significant expense - it's in a popular area a couple of miles out of town (but close to the Doxford International Business Park) that in our experience can attract long term tenants

It's priced at £59,950 and based on a conservative £395pcm rent (we have achieved £425 or even £450 in recent years for similar flats) it will return 7.9% Gross Yield


There have been lower priced bargains in the area being offered for much less but they needed a lot of work - the benefit with this one is that it is immediately lettable

It's being marketed by Michael Hodgson so click here for details https://www.onthemarket.com/details/2477838 and call them to arrange a viewing

Call me on 0191 567 8577 or email neil.whitfield@belvoirlettings.com for more information on this opportunity or any aspect of the Sunderland property market 

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