Thursday, 28 July 2016

Rare Opportunity To Get A 2 Bedroom Flat in Grindon (8.3% Gross Yield)

We would normally expect to come across 2 or 3 bedroom ex-council semi's in Grindon but there's also a few 2 bedroom flats and one has just come onto the market that looks like a good investment

It's on the market for Offers Over £52,000 and realistically needs a full refurb including new kitchen and bathroom...but having done so you could realistically expect to get £450pcm in rent

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Based on that and a total spend of £65,000 it will return 8.3% Gross Yield

It's being marketed by Peter Heron so click here for details and call them for more information or to arrange a viewing https://www.onthemarket.com/details/2247183

Call me on 0191 567 8577 or email neil.whitfield@belvoirlettings.com if you'd like more information on this property or to discuss any aspect of the Sunderland property market

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