Ryhope Road, Sunderland SR2 1 bed flat for sale

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Ryhope Road, Sunderland SR2 1 bed flat for sale

Ryhope Road, Sunderland, SR2
£42,500

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 a fantastic investment opportunity, offering strong potential for rental returns and already generating an annual gross income of £6,000 from a tenant in residence. The property features one bedroom, a lounge, dining area, kitchen, and three-piece bathroom, as well as communal private parking. With the current tenants having been in residence for several years and planning to continue their tenancy, this property presents a stable and lucrative investment option for those looking to expand their portfolio. With its convenient location and strong rental income, this property is a worthwhile addition to any investor's portfolio.