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3 bedroom house for sale
Wendover Close, Sunderland
£85,000
Wendover Close, Sunderland
£85,000
Our Summary
- This house presents an excellent investment opportunity with a current rent of £495, offering a generous yield of 8
- Furthermore, there is great potential to enhance the value of this property by refurbishing it, estimated at £25,000, and increasing the rent to £750PCM
Description
This house offers a lucrative investment opportunity with a current rent of £495, generating an impressive 8.5% yield. With a estimated refurbishment cost of £25,000, the property has significant potential to increase its value and rent, potentially reaching £750 per calendar month. Located in a highly sought-after residential area with high demand, this property is likely to attract tenants quickly, providing a steady stream of rental income for the savvy investor.