This investment property is currently leased to a local housing organization at £11,440 per annum on a full repairing lease, generating a gross yield of 8.8%. The property has been recently refurbished, featuring a rewire, new boiler, integrated kitchen, and fully tiled bathroom. Located in Kettering Square, just outside of Sunderland City Centre, it's easily accessible via the A19 regional road network. Sunderland has seen significant property price growth since 2022, driven by ongoing developments such as City Hall, a new train station, auditorium, office blocks, hotels, and live-work environments, making this a lucrative investment opportunity for those looking to expand their portfolio.