About the property

Offered for sale with the tenant in situ, this freehold one-bedroom mid-terrace bungalow is an opportunity for a landlord to purchase an already-let property. The current rent of £600 per calendar month amounts to £7,200 a year, giving a gross yield of 13.09% at the £55,000 asking price, before costs. The long-term tenant has indicated that they would like to remain. The property has a spacious lounge, a bay-fronted double bedroom, a fitted kitchen, a bathroom and a private rear courtyard. Gas and electrical safety certificates are to be provided as part of the sale. Personal belongings have been removed from the marketing photographs to protect the tenant's privacy. Viewing arrangements can be made by contacting our local office. If you have a property to sell and would like valuation advice or guidance, please do not hesitate to ask us for assistance. Our fixed price selling fees start from just £1195 + vat on a no sale no fee basis which means you won't pay us anything unless we sell your home! Call us and find out why so many people across Sunderland now choose Good Life to sell their home.

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Property at a glance

  • BUY-TO-LET INVESTMENT WITH A LONG-TERM TENANT IN SITU WHO WISHES TO STAY
  • ASKING PRICE £55,000
  • CURRENT RENT £600 PER CALENDAR MONTH
  • EPC RATING D
  • ANNUAL RENTAL INCOME £7,200
  • 13.09% GROSS RENTAL YIELD AT THE ASKING PRICE
  • ONE-BEDROOM MID-TERRACE BUNGALOW
  • SPACIOUS LOUNGE AND BAY-FRONTED DOUBLE BEDROOM
  • FREEHOLD
  • PRIVATE REAR COURTYARD WITH GATED ACCESS

Contact agent

Contact agent

Good Life Homes

Good Life House, 46 Windsor Terrace

Sunderland

Tyne and Wear

SR2 9QF

United Kingdom

Tel: 0191 565 6655

info@goodlifehomes.co.uk

Property Photos

Contact us

About us

At Good Life Homes, we have a simple business approach:

"To treat all clients in the manner we would like to be treated ourselves".


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