This two bedroom duplex apartment in the popular Bonners Raff development will appeal to both professionals and students as it is so close to the City and St Peters Campus - at £105,000 it's at a much lower price than others in the block
It's on the fifth floor and will command £650 - 695pcm rent - based on this and paying the £105,000 asking price will return 7.9% Gross Yield
...and further to the earlier blog post, subject to being allowed by the lease this may also lend itself to Serviced Accommodation...
It's being marketed by Your Move so click here for details and call them to arrange a viewing http://www.rightmove.co.uk/property-for-sale/property-41898006.html
Give me a call on 0191 567 8577 if you would like to discuss this or any aspect of property investment in Sunderland - call 0191 567 8577 or email firstname.lastname@example.org