About the property

EXCELLENT INVESTOR OPPORTUNITY FOR RENTAL (£475pcm when modernised) OR FOR UPDATING & RE-SALE AS COULD BE RE-MARKETED AROUND £69,995. Offered at a sensible asking price for a cash purchase, this 2 double bedroom first floor flat benefits from uPVC double glazing and electric heating and hot water. The property would benefit from some updating to the bathroom and kitchen and general decor - some super examples of this style have combined the spacious lounge and kitchen together creating a modern open plan space so popular with tenants. Positioned within a sought after street of homeowner houses and flats perfectly positioned for commuting throughout the region and briefly comprising; uPVC entrance door leading into entrance hall, staircase to first floor landing, spacious lounge with kitchen leading off, 2 double bedrooms with built-in wardrobes and bathroom. 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 you will owe us absolutely nothing if we don't sell your home! We also provide exceptional value property management services and more details can be provided on request. Read more

Property at a glance

  • 2 DOUBLE BED FIRST FLOOR FLAT IN PLEASANT LOCATION
  • SOME IMPROVEMENTS REQUIRED
  • LEASEHOLD AROUND 47 YEARS REMAINING SUBJECT TO CONFIRMATION
  • EPC RATING E
  • EXCELLENT INVESTMENT POTENTIAL WITH RENTAL INCOME OF £475pcm ACHIEVABLE PRODUCING IN EXCESS OF 12% pa YIELD WHEN MODERNISED
  • POTENTIAL FOR PURCHASE, RENOVATION & RE-SELL AS MODERNISED WITH LONGER LEASES EXAMPLES COULD CURRENTLY RE-SELL AROUND £69,995.

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