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1 bedroom flat for sale
High Street West, Sunderland, Tyne And Wear, SR1
£64,500
High Street West, Sunderland, Tyne And Wear, SR1
£64,500
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)1
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 an open plan lounge, kitchen, and three-piece bathroom. Currently, it produces an annual gross income of £6,600, which could be increased to a market rate of £7,200 with long-term tenants already in place. The tenants have been paying their rent consistently for several years and have no plans to move out, providing a stable income stream for the new owner. With a worthwhile addition to an investor's portfolio, this property offers a rewarding rental return and is a great option for those looking to diversify their investments.