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Ridley Terrace, Sunderland SR2 2 bed terraced bungalow for sale
Ridley Terrace, Sunderland SR2
£48,000
Ridley Terrace, Sunderland SR2
£48,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 2-bedroom mid-terrace property in Sunderland offers a fantastic investment opportunity for investors looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and 2 bedrooms. Currently, it generates an annual gross income of £5100, which could be increased to a market rate of £7224 with the new owner. The property has a tenant currently situated, who has lived there for several years and has consistently paid rent. With a long-term tenant already in place, this property presents a worthwhile addition to an investor's portfolio, offering a smooth transaction process and maximum commitment to the sale.