Borough Road, Sunderland SR1 1 bed flat for sale

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Borough Road, Sunderland SR1 1 bed flat for sale

Borough Road, Sunderland SR1
£33,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Sunderland is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a comfortable layout with 1 bedroom, lounge, kitchen, and bathroom. Currently, it generates an annual gross income of £6,000, which has the potential to increase to £7,200 with a new owner. The property already has long-term tenants who have been consistently paying rent and have no intention of moving out, making it a low-risk investment. With its proximity to amenities and potential for increased rental income, this property is a worthwhile addition to any investor's portfolio.