John Street, Sunderland SR1 1 bed flat for sale

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John Street, Sunderland SR1 1 bed flat for sale

John Street, Sunderland SR1
£60,000

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, with a current annual gross income of £7,800 and potential to increase to £8,400 with long-term tenants already in place. The property is well-maintained and features a lounge, kitchen, and bathroom, making it a great addition to any investor's portfolio. The current tenants, who have lived in the property for several years, have a good payment history and do not intend to move out, providing a stable and reliable income stream for the new owner. With its proximity to amenities and potential for increased rental returns, this property is an attractive option for investors looking to expand their portfolio.