176 Hylton Road , Sunderland , SR4 7YA

  • Share
  • Share on Facebook
  • Tweet
  • Tweet
Posted in:
23rd April 2018
Posted by:

Overview

This four bedroom , two bathroom maisonette is situated in the Millfield area of Sunderland approximately one mile from the City Centre. The accommodation on offer is extensive stretching to 1500 square feet.  The property benefits from a long lease and no management or service charges. It would suit being purchased on a standard buy to let mortgage to maximise the return on investment. It can be sold with tenants in situ paying £625 pcm.

%post_title%

Price – £70000.
Annual Rent – £7500.
Gross Yield – 10.7%.

  • Recently refurbished.
  • 4 bedroom & 2 bathrooms.
  • Sold tenanted.
  • Extensive accommodation.
  • Scope to refinance.

FINANCIALS

  • Purchase price: £70000.
  • Annual rental income: £7500.
  • Initial investment circa £24000.
  • ROCE 23.5%
  • Zero management in Year 1.

Location

  • Share
  • Share on Facebook
  • Tweet
  • Tweet


The Pros and Cons of Self Managed Buy-to-Let Properties.
Read More
Buy to Let Mortgage
What is the criteria for a buy to let mortgage?
Read More
A landlord’s guide to buy-to-let property
Read More

Contact us

Address: North East Property Investment Ltd.
2 South Terrace
Sunderland
SR5 2AW

Working with