Thursday, 14 July 2016

Two Bedroom Bungalow in Sought After St Gabriels - Contender for a Flip or Extension

At 'Offers Over £120,000' this 2 Bedroom Bungalow is a little more expensive than many featured on the blog but given the condition (it needs a full refurb) and location (it's a very sought after area very close to the Hospital) it's worth a look for those wishing to 'Buy to Sell'

The most recent sale in the street was for a similar property which went for £148,000 in April 2015 (this was done to a good standard - click here to see the property history http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=47982547&sale=53758916&country=england



With this in mind, if you can negotiate a decent price and keep the refub costs down to around £15,000 it looks to offer the potential to make a decent profit simply by doing it up and selling it on

There is a large garden to the rear and also the potential for going up into the roof with a dormer so there is plenty of scope for those looking for a bigger project

It's on the market with Peter Heron so call them for info or to arrange a viewing http://www.rightmove.co.uk/property-for-sale/property-55013368.html

Call me to chat about the potential for this property or any aspect of the Sunderland property market - call 0191 567 8577 or email neil.whitfield@belvoirlettings.com

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