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1 bedroom flat for sale
Borough Road, Sunderland, SR1
£65,000
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)
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 1 bedroom. Currently, it generates an annual gross income of £7,800, which could be increased to a market rate of £8,400 with long-term tenants already in place. The tenants have been consistently paying their rent for several years and have no intention of moving out, making for a smooth transition for the new owner. With a worthwhile addition to an investor's portfolio, this property is a great find, and Let Property is committed to facilitating a seamless transaction process between buyer and seller.