Tuesday, 9 August 2016

"Full Refurb" 3 Bed Pallion Semi (7.4% Gross Yield)

This three bedroom semi is located close to Pallion shops, Metro and the Pallion Industrial Estate. It needs a full refurb but once completed will appeal to family tenants

It's being marketed at £64,950 but based on paying this price and spending around £15,000 on the work (it needs full redecoration, flooring and a new kitchen and bathroom in order to attract a Good Tenant) it will return 7.4% Gross Yield based on a realistic £495pcm rent - £550 may be achievable if it's delivered to a really good standard

It's on with Grant Philip Lowes Estate Agents so click here for details http://www.zoopla.co.uk/for-sale/details/41319038 and contact them for more info or to arrange a viewing

If you'd like to discuss this investment or any aspect of the Sunderland property market please call me on 0191 567 8577 or email neil.whitfield@belvoirlettings.com

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