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
£65,000

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 modern kitchen, spacious lounge, and one bedroom. Currently, it generates an annual gross income of £7,800, which has the potential to increase to £8,400 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and have no plans to move out. With a purchase price that makes for a worthwhile addition to an investor's portfolio, this property offers a rewarding rental return and a smooth transaction process through Let Property.