DIARY OF A PROPERTY INVESTOR – DAY 11

We arrive in Sunderland and park near to the flats which are above a parade of shops. Look back to Days 4 and 5 for full details of these properties. We would be buying the entire first floor. The properties are arranged in 4 individual blocks with their own separate entrances. That is a bonus.

Near to one entrance a person is sprawled out on the road with a police and ambulance next to him. Looking on are a group of his “ friends” from a homeless hostel across the road.  Apparently a lot of the people in the hostel have drug issues and judging by the look of the person being helped by the authorities that might be the problem with the person who is unconscious. Not such an attractive scene.

We look round the flats which are very nicely proportioned but in a very poor condition. They are going to need some work on them to get them up to standard. We then start researching the area. We walk around to get a feel for what type of area it is. It is actually very nice.

We are literally a 3 minute walk from the Town Centre. Just one minute away is the best café in Sunderland (according to trip advisor) which seems to have a very nice class of person in it including a lot of people who we assume are Overseas Students (as we were told they were potential tenants in this area). Definitely worth exploring which our next blog will cover

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