Refurbished 2 bed offering 21.5% returns

Location: Sunderland

Price: £85,000

Discount: Included

We are working with a local developer to offer this 2 bedroom ‘Sunderland Cottage’. Over the next 8-12 weeks, they will modernise the property by performing a range of works.

Only once the work is complete will you start the mortgage application process. The ‘Riverside’ project is going to transform the city over the next 20 years. A wealth of new commercial and residential space will boost the number of jobs and residents within the area. It’s an exciting time for the city. Nissan have also invested circa £1bn to produce their new electric car there.

It’s a great time to secure a high quality BTL property. Our agent has advised a projected rent of up to £575 pcm on completion. We’ll make sure that you’re put in touch with a local agent who will manage this property on your behalf.

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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.