We manage a number of apartments in the Royal Courts development which is only 2 minutes walk from both the Sunderland University Metro station and the City Centre
The development attracts a range of professional tenants and also will appeal to students, if that's your thing...
This one bedroom apartment should command £475pcm rent (we rented a similar apartment in this block a couple of years ago for this amount...infact it may even be this one!) and based on paying the OIRO price of £74,950 it will return 7.6% Gross Yield
It's being marketed by Grant Philip Lowes estate agents so click here for details and give Grant a call if you are interested in viewing it http://www.zoopla.co.uk/for-sale/details/40360925
Call me for more detail on this or to discuss any aspect of property investment in Sunderland - call 0191 567 8577 or email email@example.com