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Borough Road, Sunderland SR1 Studio for sale
Borough Road, Sunderland, SR1
£28,000
Borough Road, Sunderland, SR1
£28,000
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 1 bedroom Flat Studio in Sunderland is a lucrative investment opportunity for those looking to expand their portfolio. The property is well-kept and features 1 bedroom, 1 bathroom, 1 kitchen, and street parking. Currently, it generates an annual gross income of £6,000 with tenants already in situ, who have been consistently paying rent for several years and have no plans to move out. The property's potential rental income and purchase price make it a worthwhile addition to an investor's portfolio, and the current tenants' long-term commitment ensures a smooth transition for the buyer.