2 bed near Sunderland city centre with 9.4% gross yield

Location: Sunderland
Price: £67,000
Rent: £525 pcm

An opportunity to secure a first floor flat with a 999 year lease and peppercorn ground rent with no service charges. The property is situated close to Sunderland city centre and comes fully tenanted at £525 pcm. A great ‘ready-made’ investment for someone looking for a cash flow producing asset with very little money down.

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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