2 Bed Flat, Single Let, Sunderland, SR5 2HE, £40,000

Park Terrace, Southwick, Sunderland, Tyne and Wear, SR5 2HE - a month ago

Leasehold
Auction
BTL
ROI: 24%
~68 m²
+6 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £40,000

February 28, 2025

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • Two Double Bedrooms +
  • Views over green +
  • No upper chain +
  • In Need of Kitchen and Bathroom Updating +

Pleasantly situated in a cul-de-sac setting this upper flat is deceptively spacious with two double bedrooms.

Having a pleasant outlook over a tree lined grassed area this property wouldn't look out of place in any Landlords portfolio.

Briefly comprising entrance hall, lounge, kitchen, two double bedrooms, bathroom and enclosed yard to the rear.

This upper flat is in need of the bathroom and kitchen updating which is reflected in the asking price.

There is the potential for a landlord to obtain a 13% yield.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 962

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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