Thursday, 28 April 2016

20% Below Market Value 1 Bed Terrace Near Sunderland Royal Hospital (9.2% Gross Yield)

We've previously rented and managed this 1 bedroom cottage close to Sunderland Royal Hospital and know it will be popular as it will appeal to a range of tenants - single people, couples or or those working at the nearby hospital

The Landlord is now looking to sell quickly and is has agreed a sale price of £52,000 which is £13,000 below the £65,000 market value for the property

We've recently achieved £400pcm (it may be possible to get a little more, £425 perhaps) but even based on the lower figure it will return a tidy 9.2% Gross Yield

This is an off-market deal not available through estate agents so click the link below for more information 

Milburn Street Marketing Pack

Please get in touch with me direct if you're interested in this property but be quick as it's likely to get snapped up soon!

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