About the property

GROUND FLOOR 2 BEDROOM FLAT IN GOOD LOCATION WITH PRIVATE REAR GARDEN & GARAGE LOCATED IN NEARBY BLOCK. SHORT LEASE CASH BUYER REQUIRED. SUITABLE FOR INVESTORS OR AS LOW COST HOME. Good Life Homes are delighted to bring to the market this 2 bed ground floor flat with private garden and garage located within a nearby block. The property is generally well presented internally, has neutral decor, electric heating and hot water, uPVC double glazing and has had an upgraded electric consumer unit. It shouldn’t take too much to make it ready to let as an investor purchase and the anticipated monthly rent would be £450pcm which would return an annual yield over 10%pa. The vendor advises us that the remaining lease is around 47 years (subject to confirmation) and this means it wouldnt be suitable for mortgage purposes unless it was extended. Alternatively, this would make a terrific low cost home with pleasant outdoor space in a good residential area. 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 will pay us absolutely nothing unless we sell your home! Read more

Property at a glance

  • 2 DOUBLE BED GROUND FLOOR
  • PRIVATE REAR GARDEN
  • GARAGE LOCATED IN NEARBY BLOCK
  • EPC RATING F
  • UPVC DOUBLE GLAZING
  • IN LETTABLE CONDITION SUBJECT TO WIRING TEST
  • SHORT LEASE OF SOMEWHERE IN THE REGION OF 47 YEARS REMAINING
  • CASH BUYER REQUIRED NO CHAIN

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