Huge Returns On This 2 Bed Cottage
A ready made, low cost investment into the property market. This 2 bed property offers a huge 25.9% NET ROI.
The property has been completely refurbished throughout and is in excellent condition. A new AST has recently been signed on 15th May and the tenant is paying £425 PCM. We have sold several of ‘cottage’ style properties in Sunderland over the years and they’re very popular with renters due to their sturdy build and central location.
At £54,500 you’ll need a low deposit of only £13,625 is acquiring a 75% TV mortgage!
NET positive monthly cash flow after all deduction is up to £294!
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.