Sea View Street, Sunderland, SR2 9QX - 11% Rental Yield

£68500.00

High yield property in County Durham – Refurbished bedroom.jpg

Managed High yield property for Sale – Refurbished Lounge.jpg

High yielding investment property – Refurbished bathroom.jpg

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Sea View Street, Sunderland, SR2 9QX - 11% Rental Yield

£68500.00

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Refurbished and Tenanted 1 - Bedroom Mid-terrace Bungalow (with scope to extend S.T.P.P)

Property Details

The property is freehold.
The property briefly comprises of entrance to Lounge, kitchen & bathroom and 1 bedroom.
EPC Rating D
Please note that some of the pictures used are examples of how the rooms will look following refurbishment.
The property will undergo the following work during the refurbishment (all included in the price of the property): Boiler Service, Electrical Upgrade and Certificate, Roof Repair, 4 x New Double Glazing Units, New Kitchen, New Bathroom, Redecoration and New Carpets throughout.
There is scope to add a loft conversion and Dorma to the property to provide a second bedroom.(subject to planning permission), this would potentially increase both valuation of the property and the monthly rental.

Rental figures

This property will be let at £600pcm which is £7,200 per annum, which gives a yield of 11%.
To find out more please click on the following link - Services Provided by Our Trusted Local Agents

Refurbishment Work

We will ensure that this property is to a minimum of the Durham Decent Homes Standard and as part of the sale we will also provide a warranty to cover any snagging issues on these items free of charge within your first 6 months of ownership.

To find out more please click on the following link - Refurbishment Work.

Location

Sunderland is a great area for rental properties and for first time buyers.
Selective Licence not required.

LINK TO GOOGLE MAPS

To find out more please click on the following link - High Yield Locations in County Durham