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Close Street, Sunderland SR4 2 bed terraced house for sale
Close Street, Sunderland SR4
£75,000
Close Street, Sunderland SR4
£75,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This 2-bedroom mid-terraced property in Sunderland is an excellent investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £6,600, but with some minor adjustments, the new owner could increase the rent to a market rate of £7,488. The property is well-kept and features two bedrooms, a lounge, kitchen, and bathroom. The current tenants, who have lived in the property for several years, are committed to staying on, providing a stable and predictable income stream for the new owner. With a purchase price that will yield a worthwhile return, this property is a great addition to any investor's portfolio.