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Bargain "Needs Work" Three Bedroom Semi in Seaburn - Decent Yield & Good Capital Growth Potential

Given its Seaburn location this three bedroom semi will always lose out a little on Yields but there is plenty of potential for significant Capital Growth, given the bargain price and the need for a major internal overhaul

Given its Seaburn location this three bedroom semi will always lose out a little on yields but there is plenty of potential for significant capital growth, given the bargain price of £110,000 and the need for a major internal overhaul

Once complete it will be popular with tenants (as few decent rental properties come up in the area, its predominantly owner-occupied properties in the area) and will achieve £650 - £695 depending on the quality of the refurb

Based on the lower figure and a total investment of £135k (allowing £25k for the renovation) it will return a decent 5.7% Gross Yield but will be well placed to enjoy further capital growth, being in one of Sunderland's most sought after areas

Give us a call on 0191 567 8577 or email neil.whitfield@belvoirlettings.com if you'd like more information

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