Gray Road, Sunderland SR2 3 bed flat for sale

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Gray Road, Sunderland SR2 3 bed flat for sale

Gray Road, Sunderland, SR2
£120,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 3-bedroom flat in Sunderland offers a fantastic investment opportunity for those looking to expand their portfolio. Located close to essential amenities, the property features three bedrooms, a lounge, a kitchen, and a three-piece bathroom, as well as private driveway parking and a communal rear garden. The current tenant has been residing in the property for several years, paying rent on time, and has expressed a desire to continue their tenancy. The property generates an annual gross income of £9,000, making it a worthwhile addition to an investor's portfolio. With a strong potential for rental returns and a tenant already in place, this property is an attractive option for those looking to diversify their investment portfolio.