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1 bed flat
High Street West, Sunderland SR1
£64,500
High Street West, Sunderland 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)
Description
This 1-bedroom flat in Sunderland is a great investment opportunity for those looking to expand their portfolio. The property is well-maintained and features an open plan lounge, kitchen, and three-piece bathroom. Currently, it generates an annual gross income of £6,600, but with some minor adjustments, it could increase to £7,200. The existing tenants, who have lived in the property for several years, have consistently paid their rent and have no plans to move out, providing a stable income stream for the new owner. With its proximity to amenities and potential for increased rental returns, this property is a worthwhile addition to any investment portfolio.