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Property investment in Westbourne Road, Sunderland

4 bedroom property

PROPERTY INVESTMENT INFORMATION
Purchase Price £155,000
Stamp Duty @ 3% £4,650
Refurbishment and fees £2,000
Total £161,650
RENTAL & RETURNS
Rent Value £23,124 pa / £1,927 pm
Gross Return 14.30%
Net Return £19,845 pa / 12.28%
YEARLY EXPENSES
Management Fee - 11% plus vat £3,029.24
Insurance £200
Gas Safety Certificate £50

DESCRIPTION OF INVESTMENT

Westbourne Road is an excellent investment opportunity offering a fully refurbished, high spec, fully tenanted property that offers a return right from the start. Currently achieving a gross annual income in excess of £23,000 this 4-bed property is fully furnished to a very high standard, all rooms have en-suite facilities & is very close to Sunderland University as well as Sunderland Royal Hospital & Sunderland Town Centre.

Investment Location Map

CALL TO DISCUSS THIS INVESTMENT OPPORTUNITY
TODAY ON 0191 435 3348 - 07968 240 786

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