3 Bedroom Terraced House
9 and 10 Balmoral Terrace, Sunderland, SR2 9QG
Features
- 13%+ Yield
- Two flats
- Freehold
- Combined rental income £1,300pcm
- Annual rent income £15,600
- Popular Sunderland location
- Close to all amenities
- High demand area
- Great investment opportunity
- Freehold
Description
Enquire quoting ref 101697 to book a viewing online and connect to the local agent.
Offered for sale with both flats currently tenanted, the property generates a combined rental income of £1,300 per calendar month (£15,600 per annum), providing an attractive gross yield for investors seeking an established buy-to-let opportunity.
This Freehold opportunity is Ideally positioned within a popular residential area of Sunderland, the property benefits from close proximity to Sunderland City Centre, Sunderland Royal Hospital, local amenities, schools, major transport links and the A19, making it an attractive location for tenants.
The accommodation comprises two self-contained flats, each offering well-proportioned living accommodation with spacious rooms and practical layouts suited to a wide range of occupants. Both properties are currently occupied by long-term tenants paying £650 per calendar month.
The property presents an excellent opportunity for investors looking to acquire an income-producing asset with immediate returns and potential for future rental growth.
All enquiries to The Good Estate Agent Sunderland on 0191 743 6078.
Sales: The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Council tax rates have been obtained via the owner or VOA.gov and should be verified by your solicitor on purchase.
Lettings: The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Referencing requirements will apply, a holding deposit of 1 weeks rent and a full deposit of up to 5 weeks rent. Council tax rates have been obtained via the owner or VOA.gov and should be verified prior to entering a tenancy agreement.
Location
9 and 10 Balmoral Terrace, Sunderland, SR2 9QG
