Park Terrace, Sunderland SR5 2 bed flat for sale

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Park Terrace, Sunderland SR5 2 bed flat for sale

Park Terrace, Sunderland, SR5
£56,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • 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 flat in Sunderland is an attractive investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £5,400 with tenants already in situ, and its well-kept condition ensures it will remain a desirable rental property. With a tenant who has been living there for several years and has consistently paid rent, there is minimal risk of vacancy or arrears. The property's potential rental income and current yield make it a worthwhile addition to an investor's portfolio, and the Let Property Pack provides further details on its investment potential. With its close proximity to amenities and established tenant, this property offers a smooth and secure investment opportunity for those looking to diversify their portfolio.