Cynthia Riet Exp

Corporate let
1 room in a family home
Nearest Tube- Oval Z2

Just had something really interesting come in;
•⁠ ⁠5 Bed Property in Sunderland
•⁠ ⁠Purchase price £375k (may be a little movement)
•⁠ ⁠Planning application in for C2 usage
•⁠ ⁠Purchase price includes provider setup fees, refurbishment costs and conversion/planning etc
•⁠ ⁠Purchase would be subject to planning approval
•⁠ ⁠10 year FRI lease for supported living / childcare (additional needs)
•⁠ ⁠Lease at £40k+ per year
•⁠ ⁠Suggested bridge purchase and refinance out on commercial valuation
•⁠ ⁠Expected value to be £400k-£450k

This would be running at a 11% net yield on purchase and the ROI post refinance will be over 20%. Great purchase for 10 years of hands free incom

🎾 Serena Williams is back.
What does that have to do with property?
More than you might think.
Whether it's tennis or real estate, success isn't always about moving quickly. Sometimes it's about patience, preparation, and knowing when the timing is right.
The best property decisions aren't rushed. The best comebacks aren't either.
Welcome back, Serena. 👏