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
£54,000

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 1-bedroom flat in Sunderland is a fantastic investment opportunity, offering a current annual gross income of £7,800 and potential to increase to £8,400 with long-term tenants already in place. The property is well-maintained, featuring one bedroom, a modern kitchen, and a spacious lounge. With a tenant currently situated, the new owner can benefit from a hassle-free transition and potentially increase the rental income. The current tenants have a good track record of paying rent on time and have no plans to move out, making this a stable and lucrative investment for investors looking to expand their portfolio.