Leamington Street, Sunderland, Tyne... 5 bed house of multiple occupation for sale

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Leamington Street, Sunderland, Tyne... 5 bed house of multiple occupation for sale

Leamington Street, Sunderland, Tyne and Wear, SR4 7HD
£130,000

Our Summary

  • For sale via online auction: Fees applyA superb opportunity for investors to acquire this tenanted 5-bedroom HMO located on Leamington Street, a popular residential area in the heart of Sunderland, just minutes from local amenities, the University, and excellent transport links
  • The property is laid out over two floors and includes:* Five well-sized bedrooms (four currently let)* Modern shared kitchen with ample storage and appliances* Contemporary communal bathroom* Gas central heating and double glazing throughout* Low maintenance rear yardWith consistent occupancy and demand for shared housing in this area, the property offers a turnkey investment with scope to increase rental yields

Description

This 5-bedroom House in Multiple Occupation (HMO) is a superb investment opportunity in Sunderland, just minutes from local amenities, the University, and excellent transport links. The property is currently tenanted with four tenants in situ, generating immediate rental income, and is laid out over two floors with five generously proportioned bedrooms, a modern shared kitchen, and a contemporary communal bathroom. With gas central heating and double glazing throughout, the property is well-maintained and offers a low-maintenance rear yard. The property has a strong track record of consistent occupancy and demand for shared housing in the area, making it a solid asset for investors looking to increase rental yields. The rear garden provides a relaxing outdoor space for tenants to enjoy.