1 bedroom flat for sale

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1 bedroom flat for sale

High Street West, Sunderland, Tyne And Wear, SR1
£63,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This 1-bedroom flat in Sunderland is a lucrative investment opportunity, currently generating an annual gross income of £6,600 with a tenant already in situ. With the potential to increase the rent to a market rate of £7,200, this property offers a worthwhile addition to an investor's portfolio. The well-kept home features an open-plan lounge, kitchen, and three-piece bathroom, and is conveniently located near valuable amenities. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, providing a stable and predictable income stream.
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