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
£135,000

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

For sale via online auction, this 5-bedroom HMO property on Leamington Street in Sunderland presents a superb investment opportunity. Currently tenanted with four tenants, the property generates immediate rental income and offers a turnkey investment with scope to increase yields. The mid-terrace property is well-maintained and spacious, 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 comfortable and energy-efficient. The low-maintenance rear yard provides a relaxing outdoor space. With consistent occupancy and demand for shared housing in the area, this property is a solid asset for experienced landlords or first-time investors, and due diligence on local HMO regulations is the buyer's responsibility.