Gray Road, Sunderland SR2 3 bed flat for sale

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Gray Road, Sunderland SR2 3 bed flat for sale

Gray Road, Sunderland SR2
£110,000

Price History

Initial price £120,000
26/11/24 £117,000
17/12/24 £115,000
15/01/25 £110,000
Price Change -8.33%

Description

This is a turnkey buy-to-let property that offers a potential yield of 9% per year, with a consistent tenant paying £9,000 per year. The property has been rented for several years and has a month-to-month rolling contract with no missed or late payments. The three-bedroom property features a spacious lounge/kitchen area, one modern bathroom, and ample storage. It is located in a highly sought-after area with easy access to local amenities and transport links, making it an attractive option for tenants who prioritize convenience and connectivity. The property has modern appliances, double-glazed windows, and an EPC rating of B. This is an excellent opportunity for a first-time buyer or investor to add a tenanted property to their portfolio.