Three Bedroom End Terraced Investment Property
A well-maintained three bedroom end terraced property, situated on Tunstall Terrace in the popular Silksworth area of Sunderland. The property is currently tenanted and is being offered for sale as an investment opportunity, with the existing tenant having been in occupation for approximately six years and currently paying £730 pcm.
The property offers well-proportioned accommodation arranged over two floors and benefits from front and rear gardens, together with a rear yard providing off-street parking, accessed via a roller shutter door.
Internally, the property is welcomed by a hallway providing access to the main ground floor accommodation. To the front is a cosy living room with a pleasant outlook over the front garden, while to the rear is a well-appointed kitchen with direct access to the rear garden. To the first floor are three bedrooms, together with the family bathroom.
With an annual rental income of £8,760, the property provides a gross rental yield of approximately 8.76% based on the £99,950 asking price. Having been well maintained and with a long-standing tenant already in situ, the property represents an attractive buy-to-let investment opportunity for both existing and prospective landlords.
Silksworth is a popular residential area of Sunderland, offering a range of local amenities including shops, supermarkets, schools and leisure facilities. Silksworth Sports Complex, featuring a ski slope and various sporting facilities, is also nearby.
The area benefits from regular bus services providing connections to Sunderland city centre and surrounding areas, while the nearby A19 offers convenient access to the wider regional road network
Contact the Sunderland Residential Team on 0191 563 4242 to arrange a viewing.
Tenure: Freehold | Council Tax Band: A | EPC Rating Band: TBC | Unrestricted mobile phone coverage | Ultrafast Broadband | Mains electricity, gas, water and drainage
In line with UK Money Laundering Regulations and HMRC supervision, buyers must complete identity verification using a Government-approved digital verification service. An administrative charge is payable to cover compliance costs, charged at £25 + VAT (£30) for each purchaser. Verification is required following offer acceptance and prior to the property being marked Sold Subject to Contract.
