Close Street, Sunderland SR4 2 bed terraced house for sale

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Close Street, Sunderland SR4 2 bed terraced house for sale

Close Street, Sunderland, SR4
£75,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom mid-terraced property in Sunderland is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £6,600. However, with a new owner, the income could be increased to a market rate of £7,488. The property has a long-term tenant already in situ, who has consistently paid rent for several years and has no intention of moving out. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property presents a fantastic opportunity for those looking to generate rental returns.