- 3 Bed Semi-Detached House
- Tenanted
- EPC D (3 pts shy of C)
- Large sized rear courtyard garden
- Nearest Train station – 11 mins drive
- Sunderland Royal Hospital – 14 mins drive
- Rolls-Royce Washington – 11mins drive
- Nissan – 15 mins drive
- IAMP Manufacturing Enterprise – 13 mins drive
- Agreed Purchase Price: £81,000
- Current Rent: £495
- Potential Rent (Market Rent): £750 – £795
- Refurb Estimate: £2,500
- Estimated End value: £110,000 – £120,000
- Current Yield: 7.3%, Current ROI: 6.7% (no refurb)
- Potential Yield: 10.9% – 11.6% (with refurb)
- Potential ROI (Cash): 8.7% – 9.3%
- Potential ROI (Mortgage): 14.7% – 16.6%
Buyer’s premium fee applicable