2 bedroom bungalow for sale

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2 bedroom bungalow for sale

Mortimer Street, Sunderland, SR4
£53,000

Price History

Initial price £340,000
26/10/24 £55,000
01/11/24 £53,000
08/11/24 £51,000
18/11/24 £55,000
21/11/24 £53,000
Price Change -84.41%

Description

This 2-bedroom bungalow in Sunderland is a fantastic investment opportunity, generating a current annual gross income of £29,760 from long-term tenants. The property is well-maintained and features a spacious lounge, modern kitchen, and two bedrooms. With a tenant already in situ, the property offers a rewarding rental return and the potential for a worthwhile addition to an investor's portfolio. The current tenants have been consistently paying their rent for several years and have no plans to move out, making for a smooth and stress-free transaction. With its proximity to valuable amenities and potential for long-term rental returns, this property is a great option for investors looking to expand their portfolio.