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1 bedroom flat for sale
Ryhope Road, Sunderland, SR2
£40,000
Ryhope Road, Sunderland, SR2
£40,000
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 1-bedroom flat in Sunderland is an attractive investment opportunity, offering a strong potential for rental returns and a tenant already in residence. The property features one bedroom, a lounge, dining area, kitchen, and three-piece bathroom, as well as communal private parking. Currently generating an annual gross income of £6,000, the property has the potential to increase in value over time, making it a worthwhile addition to an investor's portfolio. The existing tenants have been paying their rent on time for several years and wish to continue their tenancy, ensuring a smooth transition for the buyer. With its convenient location and strong rental potential, this property is an excellent choice for investors looking to expand their portfolio.