Lilac Street, Sunderland SR4 3 bed terraced house for sale

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Lilac Street, Sunderland SR4 3 bed terraced house for sale

Lilac Street, Sunderland, Tyne And Wear, SR4
£130,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This 3-bedroom terrace house in Sunderland is an excellent investment opportunity for those looking to expand their portfolio. The well-maintained property features three bedrooms, a three-piece bathroom, modern lounge, kitchen, and patio, and is currently producing an annual gross income of £7,800. With the potential to increase the rent to a market rate of £8,700, this property offers a worthwhile addition to an investor's portfolio. The current tenants, who have consistently paid their rent, have no intention of moving out and are looking to remain in the property, making for a smooth transition. With its valuable amenities nearby and rewarding rental returns, this property is a fantastic opportunity for investors to capitalize on the Sunderland market.
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