Borough Road, Sunderland SR1 1 bed flat for sale

>

Borough Road, Sunderland SR1 1 bed flat for sale

Borough Road, Sunderland, SR1
£35,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Sunderland is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £6,000. With a market rate potential of £7,200, the new owner can increase the rental income with long-term tenants already in place. The tenants have a good track record of paying their rent on time and have no intention of moving out, making it a stable and lucrative investment. With a Let Property Pack available for further details, this property is a worthwhile addition to any investor's portfolio.