The catch is that the leases have less than 70 years, meaning at best the choice of mortgages may be limited or at worst it may suit cash buyers only
Either way you'd need to factor in the cost of extending the lease as part of your long term exit strategy
They should rent at £350pcm each meaning you'll return £8,400 per year rental income which works out at 24% Gross Yield!!!
A further note of caution before you get too excited, they appear to be in decent condition so it should be possible to attract working tenants (we manage a couple of small houses on this estate and rent them to working people) but you may need to consider DSS at a push
They're being marketed by Pattinson so contact them to get more details or arrange a viewing http://www.zoopla.co.uk/for-sale/details/40368178
Call me if you'd like to discuss this or any aspect of property investment in Sunderland - call me on 0191 567 8577 or email email@example.com