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Caution Advised! Potential 'Needs Work' Investment (+7% Gross Yield)

This 2 bedroom semi in Thorney Close may turn out to be a money pit...or it may be a bargain 'Needs Work' purchase for an experienced investor! We've allowed for a £75k total investment & it will deliver 7.2% based on £450pcm rent

This new-to-the-market 2 bedroom semi in Thorney Close may turn out to be a money pit...or it may be a bargain 'Needs Work' purchase for an experienced, hands-on investor!

Unfortunately as it is so new to the market the details are sketchy & with only 2 internal photos it's hard to tell...the partially constructed sunroom which may or may not have planning permission is a slight concern but nontheless we thought it worth highlighting as worthy of investigation for the more experienced investor

Its priced at £62,495 so to allow for improvements we've conservatively allowed for a total spend of £75k but even based on this it will deliver 7.2% Gross Yield from an achievable £450pcm rent

For more information please call 0191 567 8577 or email neil.whitfield@belvoirlettings.com

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