This 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. £25,000) but once modernised, offers a projected resale value of £110,000 and an achievable rental income of £800–£900 per calendar month.
Strong yield potential: Gross yield of 9.1%–10.3% based on purchase + refurbishment costs
Excellent location close to schools, transport links, and amenities
Ideal for Buy-to-Let investors or BRR (Buy, Refurbish, Refinance) strategy
Estimated Investment Summary:
Purchase Price: £80,000
Refurbishment Budget: £25,000
Total Investment: £105,000
Estimated Rental Income: £800–£900pcm
Done-Up Value: £110,000
This is a fantastic opportunity to add value and generate strong monthly returns in a high-demand rental area.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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