Reading Road, Sunderland, SR5

2 bedroom Semi-Detached Bungalow in Sunderland

Under Offer
Offers Over £90,000
Current Yield 7.6 %
Potential Yield 8.4 %
Property Reference: 208921988
  • Semi-Detached Bungalow
  • 2 Bedrooms
  • 1 Bathrooms
  • 67 sqm

Property Features

Property Features

  • Buy-to-Let Opportunity
  • 2 Bedrooms
  • Lounge and Kitchen
  • Garden Ground Space
  • Likely to attract enquiries from Serious Investors & Developers.
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 2 bedroom semi-detached house located in Sunderland. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

This well-kept home features 2 bedrooms, a three piece bathroom, a garden ground space, a lounge and kitchen.

Investment Details

It currently produces an annual gross income of £7,584 which could be increased by the new owner to a market rate of £8,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.


Tenancy Details

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 208921988

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £632
  • Potential Rent pcm: £700
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: Moved in within the last 2 years
  • Tenants means of funding: Employment
Property Reference: 208921988
Property Reference: 208921988

Property Location

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Request DetailsReading Road, Sunderland, SR5

Offers Over £90,000

Make an offer
Reading Road, Sunderland, SR5

Listing Price

Offers Over £90,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.