Wendover Close, Sunderland 3 bed house for sale

>

Wendover Close, Sunderland 3 bed house for sale

Wendover Close, Sunderland
£80,000

Our Summary

  • Three-Bedroom Semi-Detached – Investment Opportunity – Wendover Close, Sunderland, SR5 – £80,000This spacious three-bedroom semi-detached home located in a popular residential area of Wendover Close, Sunderland (SR5) offers an excellent investment opportunity with strong rental potential and scope for capital growth
  • The property requires a programme of refurbishment (estimated at approx
  • Investment Opportunity

Description

This three-bedroom semi-detached home in Sunderland's popular Wendover Close offers an excellent investment opportunity with strong rental potential and scope for capital growth. The property requires a £25,000 refurbishment program, but once modernized, it is expected to have a projected resale value of £110,000 and an achievable rental income of £800-£900 per month. With a gross yield of 9.1-10.3% based on purchase and refurbishment costs, this property is ideal for Buy-to-Let investors or those looking to implement a BRR (Buy, Refurbish, Refinance) strategy. Located close to schools, transport links, and amenities, this property is expected to generate strong monthly returns in a high-demand rental area.