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
£73,500

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)

Description

This 2-bedroom mid-terraced property in Sunderland is a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features 2 bedrooms, a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £6,600. With long-term tenants already in place, the new owner has the potential to increase the rental income to a market rate of £7,488. The property is located in close proximity to valuable amenities and is a worthwhile addition to any investor's portfolio, considering its purchase price. The current tenants have a strong track record of paying rent on time and have no intentions of moving out, making for a smooth transaction process.