2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Garfield Street, Sunderland, SR4
£59,000

Price History

Initial price £65,000
29/11/24 £63,000
14/12/24 £61,000
20/12/24 £59,000
03/01/25 £65,000
10/01/25 £63,000
17/01/25 £61,000
30/01/25 £59,000
Price Change -9.23%

Description

This 2-bedroom mid-terrace house in Sunderland is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and 2 bedrooms. Currently, it generates an annual gross income of £5520, which could be increased to a market rate of £7668 with long-term tenants already in place. The tenants have been paying their rent consistently for several years and have no plans to move out, making it an attractive option for investors. With a worthwhile addition to an investor's portfolio, this property is a great opportunity to capitalize on rental returns.