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Wendover Close, Sunderland 3 bed house for sale
Wendover Close, Sunderland
£80,000
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.