A spacious one-bedroom cottage property sold with a sitting tenant, currently generating £450pcm with scope to increase to approximately £575pcm.
Description
Situated within a popular and established residential location, this spacious one-bedroom cottage-style property is offered for sale with a tenant in situ currently paying £450 per calendar month, with scope for an increase to approximately £575pcm, making it an attractive addition to any investment portfolio.
The accommodation briefly comprises an entrance hallway, generous double bedroom with fitted wardrobes, a substantial lounge with feature beams and fireplace, fitted kitchen, rear hallway and bathroom/WC. Externally, the property benefits from a forecourt to the front and enclosed rear yard.
The property offers excellent potential for investors seeking immediate rental income with future uplift potential. Conveniently positioned for access to Sunderland City Centre, local amenities, transport links and nearby schools.
Accommodation
Ground Floor
Entrance Hallway
Bedroom
Living Room
Kitchen
Rear Hallway
Bathroom/WC
Externally
Forecourt to front and enclosed rear yard.
Tenure
Freehold
EPC
TBC
Council Tax Band
A
Additional Information
The property is being sold with the current tenant in situ. Current rental income is £450pcm with potential to increase to approximately £575pcm.
Tenure: Freehold
EPC Rating: E
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
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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
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