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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Freehold
  • 2 bedrooms mid terrace
  • Super investor opportunity with yield around 12%pa
  • Modernised & well presented
  • EPC rating D
  • UPVC double glazing
  • Modern kitchen & bathroom
  • Replacement electric consumer unit in recent years
  • Gas central heating via combi boiler
  • Recent damp proof work carried out

Listing view statistics

Last 30 days: 440 page views

Since listed: 1140 page views

Description

Ready to go 2 bed investment property offering around 12% yield pa based on rental income of £4740 per annum (£395pm).
Having undergone complete modernisation works over the last few years including; new kitchen, bathroom, new roof, updated consumer unit, uPVC double glazing, gas central heating via Combi boiler, electric roller shutter vehicle access to rear, recent damp proofing works - the property has been well looked after and is available with vacant possession allowing a new owner a ready to go rental opportunity.
This property briefly comprises; entrance hall, large double front bedroom, rear single bedroom, central lounge, large extension to rear accommodating modern kitchen and bathroom, rear courtyard with electric roller shutter vehicle access.
Viewing arrangements can be made by contacting our local office. If you require help or advice on full property management or tenant sourcing, please do not hesitate to ask us for assistance.

Introduction

Ready to go 2 bed investment property offering around 12% yield pa based on rental income of £4740 per annum (£395pm).
Having undergone complete modernisation works over the last few years including; new kitchen, bathroom, new roof, updated consumer unit, uPVC double glazing, gas central heating via Combi boiler, electric roller shutter vehicle access to rear, recent damp proofing works - the property has been well looked after and is available with vacant possession allowing a new owner a ready to go rental opportunity.
This property briefly comprises; entrance hall, large double front bedroom, rear single bedroom, central lounge, large extension to rear accommodating modern kitchen and bathroom, rear courtyard with electric roller shutter vehicle access.
Viewing arrangements can be made by contacting our local office. If you require help or advice on full property management or tenant sourcing, please do not hesitate to ask us for assistance.

Entrance Vestibule

Entrance via white uPVC double glazed door. Tidy built-in cupboard with 2 door openings for electric meter and modern electric consumer unit.

Entrance Hall

Double radiator, carpeted flooring, 3 doors leading off, 2 to bedrooms and 1 to lounge.

Bedroom 1 (13' 6'' x 13' 0'' (4.11m x 3.96m))

Measurements taken at widest points.
Carpet flooring, double radiator, front facing white uPVC double glazed window. The property is in the middle of having damp course treatment and is being re-plastered in the key areas and will be completed before completion of any purchase.

Bedroom 2 (9' 2'' x 5' 8'' (2.79m x 1.73m))

Carpet flooring, single radiator, rear facing white uPVC double glazed window. The external wall is in the process of having damp proof treatment.

Lounge (12' 8'' x 11' 6'' (3.86m x 3.50m))

Carpet flooring, double radiator, rear facing white uPVC double glazed window, feature fire surround in a painted finish with tiled hearth and built-in coal effect gas fire. The property is in the middle of having damp course treatment and is being re-plastered in the key areas and will be completed before completion of any purchase. Door leading off to kitchen, door leading off to entrance hall.

Kitchen (17' 8'' x 7' 5'' (5.38m x 2.26m))

Vinyl tile effect flooring, white uPVC double glazed door leading to rear yard, white uPVC double glazed window facing out to rear yard, double radiator. Modern Fitted kitchen with a range of wall and floor units in a light wood effect finish with contrasting laminate work surfaces. Integrated electric oven, 4 ring gas hob. Stainless steel sink with single bowl, single drainer and matching monobloc tap. Space for tall fridge/freezer, space and plumbing for a washing machine, wall mounted Combi boiler. Door leading off to lounge, door leading off to bathroom.

Bathroom (7' 5'' x 7' 0'' (2.26m x 2.13m))

Vinyl wood effect flooring, chrome towel heater style radiator, rear facing white uPVC double glazed window with privacy glass onto yard. Modern white bathroom suite comprising of; toilet with low level cistern and push button flush, white sink with chrome taps and pedestal, white bath with panel, glass shower screen over, chrome tap and separate shower fitting fed from the main Combi boiler system. Extractor fan. The walls and ceiling are finished in a uPVC cladding.

Externally

The property has a rear courtyard with electric roller shutter garage door access for vehicle.

General

The property has vacant possession.

The property is modernised and nearing the end of damp proof course treatment.

The property is suitable for first time buyers or investors.

You could get

Superfast broadband Superfast broadband

Up to 55 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Sunderland 0.8 miles
  • Seaham 4.3 miles
  • Valley Road Academy 0.1 miles
  • Hudson Road Primary School 0.5 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Sunderland 0.8 miles
  • Seaham 4.3 miles
  • Valley Road Academy 0.1 miles
  • Hudson Road Primary School 0.5 miles

Market stats

Sale activity

Average estimated value for a house in SR2:

  • £104,267
  • Price decrease

  • -£9,181
  • (-8.093%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £119,788
  • Properties sold

    77

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom house in SR2 is currently:

£455 pcm

Recent sales nearby

See all recent sales in SR2
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Estimated running costs

Based on available 3rd party data

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The Agent

Price history

Sold prices provided by Land Registry
27th Jun 2020 £39,995 First listed
30th Aug 2017 £39,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Good Life Homes (North East) Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Good Life Homes (North East) Limited for full details and further information.