About the property

INVESTMENT OPPORTUNITY OR AVAILABLE WITH VACANT POSSESSION - A 3 DOUBLE BEDROOM DOUBLE FRONTED COTTAGE/BUNGALOW IN A POPULAR LOCATION CURRENTLY LET TO NICE TENANTS WITH A RENTAL INCOME (TBC) OF £550pcm (£6600per annum) REPRESENTING A YIELD OF AROUND 7/8%pa DEPENDING ON FINAL SELLING PRICE. We understand the property has all relevant compliant documentation including gas and electrical certificates and is currently occupied by really nice tenants who work in the nursing profession at the local hospital and would ideally like to stay longer term. Our client is retiring from property management and has decided to sell their property which can be available with vacant possession or with the current tenants remaining. We are able to manage the property ongoing for you at a cost of approximately £50pm (for your information and for budget planning purposes). It is our understanding that the property has no landlord repair obligations outstanding. The property briefly comprises; entrance hall, 3 double bedrooms, large lounge, kitchen, bathroom, rear courtyard partly covered with canopy. Located between Hylton Road and Chester Road close to shopping, transport and walking distance to the Royal Hospital which is one of the areas largest employers and a teaching hospital with various specialisms and fast becoming a central healthcare hub with additional A&E services proving support across the whole city. 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 £995 on a no sale no fee basis which means that you’ll pay nothing unless we sell your home! Call us and find out why so many people across Sunderland now choose Good Life to sell their home. Read more

Property at a glance

  • 3 BEDROOM DOUBLE FRONTED SINGLE STOREY HOUSE/COTTAGE
  • UP TO DATE ELECTRICS & GAS CERTIFICATES
  • UPVC DOUBLE GLAZING & GAS CENTRAL HEATING
  • EPC RATING D
  • CURRENTLY TENANTED AND COULD BE SOLD AS INVESTMENT BUY TO LET PROPERTY OR TENANTS COULD LEAVE IF REQUIRE VACANT POSSESSION
  • CURRENT RENTAL INCOME TBC BUT BELIEVED TO BE APPROX £550pcm (£6600pa) WITH NICE TENANTS IN PLACE
  • YIELD DEPENDING ON FINAL SELLING PRIVE AGREED AROUND 7/8%pa
  • ONGOING MANAGEMENT OF PROPERTY AVAILABLE VIA GOOD LIFE LETTING AGENTS FOR £50pm

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