Thompson Road, Sunderland SR5 2 bed terraced bungalow for sale

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Thompson Road, Sunderland SR5 2 bed terraced bungalow for sale

Thompson Road, Sunderland SR5
£64,000

Price History

Initial price £70,000
29/03/25 £68,000
06/04/25 £64,000
11/04/25 £70,000
17/04/25 £68,000
23/04/25 £66,000
29/04/25 £64,000
Price Change -8.57%

Description

This 2-bedroom terraced bungalow in Sunderland is a fantastic investment opportunity for investors looking to expand their portfolio. The well-kept home features a lounge, kitchen, three-piece bathroom, and rear garden space, and is currently producing an annual gross income of £6,300. With tenants already situated, the new owner could increase the rental income to a market rate of £7,200, making it a worthwhile addition to their portfolio. The current tenants have consistently paid their rent and do not intend to move out, ensuring a smooth transition for the new owner. With its valuable amenities and proximity to Sunderland, this property is a great investment opportunity for those looking to grow their portfolio.