Close Street, Sunderland SR4 2 bed terraced house for sale

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Close Street, Sunderland SR4 2 bed terraced house for sale

Close Street, Sunderland SR4
£75,000

Price History

Initial price £77,500
29/11/24 £75,500
14/12/24 £73,500
21/12/24 £71,500
02/01/25 £77,500
10/01/25 £75,500
16/01/25 £73,500
30/01/25 £71,500
27/02/25 £77,500
13/03/25 £75,500
20/03/25 £73,500
27/03/25 £71,500
04/04/25 £69,500
09/04/25 £67,500
19/04/25 £75,000
Price Change -3.23%

Description

This 2-bedroom mid-terraced property in Sunderland is an excellent investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £6,600, but with some minor adjustments, the new owner could increase the rent to a market rate of £7,488. The property is well-kept and features two bedrooms, a lounge, kitchen, and bathroom. The current tenants, who have lived in the property for several years, are committed to staying on, providing a stable and predictable income stream for the new owner. With a purchase price that will yield a worthwhile return, this property is a great addition to any investor's portfolio.