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'Needs Work' 2 Bed Semi in Redhouse (6.75% Gross Yield)

One of our loyal investors only looks to the Redhouse area when looking to expand his portfolio and not without good reason - properties can be picked up for less than elsewhere in Sunderland and they tend to attract working families that stay put

One of our loyal investors only looks to the Redhouse area of Sunderland when looking to expand his portfolio and not without good reason - properties can often be picked up for less than elsewhere in Sunderland and they tend to attract working families that will stay put

This 2 bedroom semi needs work - complete redecoration and new flooring throughout and the lack of kichen and bathroom photos should set alarm bells ringing, but even so, allowing a generous £15k on top of the £65,000 asking price will deliver a decent 6.75% Gross Yield based on a conservative £450pcm (£475 may even be achievable)

Call us on 0191 567 8577 or email neil.whitfield@belvoirlettings.com for more information

 

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