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Houghton Street, Sunderland SR4 1 bed terraced house for sale
Houghton Street, Millfield, Sunderland SR4
£75,000
Houghton Street, Millfield, Sunderland SR4
£75,000
Our Summary
- VERY SPACIOUS 1 DOUBLE BED MID TERRACE - FORMERLY 2 BEDROOMS - VERY WELL PRESENTED - RENTAL COMPLIANT WITH GAS AND ELECTRICAL CERTS - INVESTMENT BTL POTENTIAL - CURRENT RENTAL ASSESSMENT £600pcm plus - OPTION TO INCREASE BEDROOMS & ACHIEVABLE RENT - LOFT PART-CONVERTED BUT NOT USED OFFERING POTENTIAL …Good Life Homes are delighted to bring to the market a good opportunity for a discerning purchaser
- Buyers will be interested to know that the loft was previously converted providing the potential for conversion once more with suitable access; something to be explored by new owners
- Introduction - VERY SPACIOUS 1 DOUBLE BED MID TERRACE - FORMERLY 2 BEDROOMS - VERY WELL PRESENTED - RENTAL COMPLIANT WITH GAS AND ELECTRICAL CERTS - INVESTMENT BTL POTENTIAL - CURRENT RENTAL ASSESSMENT £600pcm plus - OPTION TO INCREASE BEDROOMS & ACHIEVABLE RENT - LOFT PART-CONVERTED BUT NOT USED OFFERING POTENTIAL …Entrance Hall - Large spacious e/h which formally had a staircase leading to the loft which has now been removed, large double radiator, electric meter and gas meter
- LOFT PART-CONVERTED BUT NOT USED OFFERING POTENTIAL
- Loft part converted but not used offering potential
- Loft part-converted but not used offering potential
Description
This spacious 1 double bed mid-terrace property, formerly a 2-bedroom home, is a rare opportunity for a discerning buyer or investor. The property is well-presented and rental compliant, with gas and electrical certificates in place. With a current rental assessment of £600pcm plus, there is potential to increase the rent and yield by converting the loft space, which is currently part-converted but not used. The property is located in a prime central location, just a short walk to Chester Rd and Hylton Rd, with easy access to shops, transport, city centre, hospital, and university. The property features a large entrance hall, spacious double bedroom, lounge, kitchen, and bathroom, with the option to increase the bedrooms and achievable rent. With a relatively small financial outlay, the property could be converted into a 2- or 3-bedroom home, increasing the rent and yield further.