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Property Details
Investment Details
Property Description
Property Guru are pleased to offer to investors an impressive opportunity to acquire an off-market, below market value property in a very popular area of Sunderland, close to Sunderland Royal Hospital.
The property sits on an impressive sized plot with gardens front and rear as well as off-road parking served by a driveway.
A 3-bedroom, semi-detached property with some room for improvement to increase the end value and reach market rent of £750pcm. To increase the end value of the property, we recommend the following work:
New kitchen
New bathroom
Decorate throughout
Flooring throughout
Garden clearance
Gas and electric certificates
We also have the option to offer the property to a local housing association at £850pcm on a long lease and guaranteed rent. We are in early stages of talks with the housing provider and can explore this further should you wish.
For more information on this property, just contact the Property Guru team today quoting the reference number.
Property Type
Semi-Detached
Bedrooms
3
Bathrooms
1
Tenure
Freehold
EPC Rating
Sourcing Fee
£5,000
Contact Us
+44 (0)330 1336 189
Reservation Process
Interested in purchasing an investment property listed by Property Guru? Once you have viewed and done your due diligence on the property offered and decided you want to proceed with a purchase you will be asked to sign a 'Sourcing Agreement'. This agreement is in place to protect you as a buyer and Property Guru as a company.
You will be asked to pay 50% of the 'Sourcing Fee' (deposit) upon offer acceptance on your chosen property and 50% upon exchange of contracts of the purchase. The 'Deposit' is refunded to you if the seller withdraws from the sale or if there are significant issues found on survey meaning you cannot proceed with the purchase due to it no longer being a viable investment. Full details are listed in the agreement and we are happy to provide a copy upon request before entering into any agreement.
Disclaimer
Property Guru is not a licensed investment advisor or estate agent and is not authorised by the Financial Conduct Authority to provide investment or financial advice.
Property Guru makes no representations and gives no warranties as to the accuracy of the information provided and potential investors should not rely on it but should take independent legal, financial or other professional advice before entering into any agreement.
For full terms and conditions please visit our Terms and Conditions page. Property Guru is a trading name of Simon Ellis Estates Limited (10844210).