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Property Details
Investment Details
Property Description
Property Guru are pleased to present an off market buy-to-let investment property in Sunderland. This tenanted investment property is currently let at £515pcm to a tenant who has enjoyed the house for over 12 years, looks after the property well and wishes to stay long term.
The property itself consists of two bedrooms, one being a large double and the other a single room. There is a good size lounge/dining space, a galley kitchen with family bathroom to the rear.
Having undergone a degree of improvements, the property is a turn-key investment opportunity for the savvy investor. Works include: new pitched and flat roof, new gutters and downpipes, internal damp proofing, new external render to rear, plastering and decorating internally, new bath panels and bathroom refresh with new sealant etc, extractor fans fitted to bathroom and kitchen.
This area of Sunderland has become very popular and prices are rising quickly along with rents. We would expect a market rent of £575pcm to be achievable in the current market, further improving an already impressive return on investment. The property is within easy reach of a wealth of amenities, transport links and the hospital.
For further details, video tour and financial breakdown contact the Property Guru team today.
Property Type
Terrace
Bedrooms
2
Bathrooms
1
Tenure
Leasehold
EPC Rating
D
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).