A spacious three-bedroom end-terrace investment property producing £450 PCM, offered freehold with modern interiors and strong rental growth potential.
Description
A deceptively spacious three-bedroom end-terrace property occupying a prominent corner position, offered with a tenant in situ currently paying £450 PCM, with clear scope for rental uplift in line with current market conditions.
The property is well presented throughout and briefly comprises an entrance hall, spacious lounge with feature fireplace, separate dining room and fitted kitchen to the ground floor. To the first floor are three bedrooms and a modern family bathroom/WC.
Externally, the property benefits from a corner plot position with on-street parking available nearby. The accommodation has undergone a programme of cosmetic improvement in recent years including modern décor, updated flooring and a contemporary bathroom suite, making it an attractive addition to any buy-to-let portfolio.
Well located for access to Sunderland City Centre, local shops, schools and transport links, the property is expected to appeal to landlords seeking an income-producing investment with further growth potential.
Tenure
Freehold
EPC
C
Council Tax Band
A
Rental Information
Currently let at £450 per calendar month (£5,400 per annum) with potential to increase subject to the relevant notices and regulations.
Tenure: Freehold
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
Loading the bidding panel...
- 3 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.