25 Tunstall Terrace West , Sunderland , SR2 7AE
Derelict property purchased at auction before undergoing full refurbishment and sold as a tenanted investment to a client looking for high yields.
Six month turn around. Adjacent to University. Currently let to students generating £1400pcm.
- Initial Outlay – £82,000.
- Sale Price – £107,000.
- Gross Profit on development – £25000.