Three-bedroom mid-terraced property in Sunderland requiring refurbishment, offering strong investment potential with an estimated rental income of £800 PCM once completed.
Viewings (Open House)
Wednesday 22nd April: 12:00pm – 12:30pm
Saturday 25th April: 10:30am – 11:00am
Description
3-Bedroom Terraced House | Investment Opportunity | Requires Refurbishment
An excellent opportunity to acquire a three-bedroom mid-terraced property located in a popular residential area of Sunderland, ideal for investors or developers seeking a value-add project.
The property offers well-proportioned accommodation across two floors, briefly comprising an entrance hallway, spacious lounge/dining area, and a galley-style kitchen leading to the rear yard. To the first floor, there are three bedrooms and a family bathroom.
Externally, the property benefits from a private rear yard, while on-street parking is available to the front.
The property is in need of modernisation and refurbishment throughout, presenting a fantastic opportunity to enhance value. Once completed, the property is estimated to achieve a rental income of approximately £800 per calendar month, making it an attractive buy-to-let investment.
Situated within close proximity to local amenities, schools, and transport links, this property is well-positioned for both tenants and future resale.
Key Features
Three-bedroom mid-terrace property
Requires full refurbishment
Spacious lounge/diner
Rear yard
Strong investment potential
Estimated rental value: £800 PCM
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
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.