3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Duncan Street, Sunderland, SR4
£83,000

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)

Description

This 3-bedroom mid-terraced property in Sunderland is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, dining, and bathroom, with a current annual gross income of £6,600. However, with some minor adjustments, the new owner could potentially increase the rent to a market rate of £8,256. The property already has a tenant in situ, who has been paying rent consistently for several years and has no intention of moving out. With a purchase price that offers a worthwhile return on investment, this property presents a fantastic chance to add to an investor's portfolio.