8 bedroom apartment for sale

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8 bedroom apartment for sale

Even House Investment, Salem Street, Hendon, Sunderland
£500,000

Our Summary

  • Viewing of this superb investment opportunity is highly recommended

Description

This is an investment opportunity to purchase a block of four apartments, all of which are already let, generating a monthly rental income of £9,000 and an annual income of £36,000. The apartments are located in Hendon, Sunderland, and are within easy reach of the city center and local amenities. Each apartment has been recently converted and developed to a high standard, featuring modern bathroom suites, kitchens, electric heating, and four parking spaces with electric charging points. The properties are let on assured shorthand tenancies at a monthly rental of £750 per month, with a total annual rental income of £36,000. The property is freehold, and viewing is highly recommended for this excellent investment opportunity.