3 bedroom flat for sale

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3 bedroom flat for sale

Gray Road, Sunderland SR2
£83,000

Price History

Initial price £100,000
29/06/24 £83,000
Price Change -17.00%

Description

This is a well-presented, three-bedroom turnkey buy-to-let property located in a highly sought-after area with excellent transport links and local amenities. The property is currently rented out for £6,600 per year with the potential to increase to £9,000 per year, offering a promising yield of 9%. The tenant has a consistent rental history with a month-to-month rolling contract, no missed or late payments, and has been living in the property for several years. The accommodation includes a spacious lounge/kitchen area, three bedrooms, and a modern bathroom. The property benefits from double glazed windows, modern appliances, and ample storage space. With an EPC rating of B, it is energy efficient and appealing to tenants looking for a comfortable and convenient home. Investors are encouraged to contact the agents for a full investment schedule to consider this opportunity to expand their portfolio with a property that has proven rental demand.