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4 bedroom terraced house for sale
Western Hill, Sunderland
£107,000
Western Hill, Sunderland
£107,000
Our Summary
- 4-Bedroom Terraced Property in Sunderland – Investment Opportunity Overview A four-bedroom terraced property offering 1,259 ft² of internal living space, currently let at £800 PCM with a tenant in place
- The property provides an immediate rental income and exciting potential for further development/conversion to a House in Multiple Occupation (HMO), subject to planning
- - Development Potential: Possible upgrades or conversion to an HMO could increase rental income
- - Large rear yard with shutter: Large rear yard space offers further development potential and off road parking
- 03 acres - Council Tax Band: A (£1,331 estimated annual cost) - EPC Rating: current - E, potential C - Flood Risk: No river or sea risk; low surface water risk - Broadband Availability: Ultrafast broadband up to 1000 Mbps This property offers an established rental income with scope for further development
Description
This four-bedroom terraced property in Sunderland offers an immediate rental income of £800 per month, representing a gross yield of approximately 9%. The property provides 1,259 square feet of internal living space and has a large rear yard with shutter, offering potential for further development or conversion to a House in Multiple Occupation (HMO). The area is popular among professionals and students, with proximity to the hospital, university, city center, and transport links. With potential for upgrades or conversion, the property could increase its rental income and refinance value. The property is freehold, with a floor area of 1,259 square feet and a plot size of 0.03 acres. It has a council tax band of A, an EPC rating of current E, and no flood risk. The property is available for viewing and offers an exciting investment opportunity for those looking to capitalize on the local rental market.