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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Freehold
  • 2 bed mid terrace single storey property
  • Investor opportunity
  • Currently let on AST
  • EPC rating D
  • Rent paid direct by government at £120pw
  • Long term tenant for 9 years approx
  • New roof in recent years
  • UPVC double glazing
  • Current gas safety certificate for central heating combi boiler
  • Recent electric consumer unit in recent years

Listing view statistics

Last 30 days: 22 page views

Since listed: 99 page views

Description

Investor property available due to retirement receiving rent of £120pw (£6240pa) direct from government for long term tenant - producing yield of around 19% subject to confirmation.
Property comprises a residential mid terrace 2 bedroom single storey home of standard construction with a long term tenant who has been in occupation for approximately 9 years.
Internal photographs have not been included for general marketing for reasons of privacy to the current occupant but can be provided directly on an individual basis for serious potential purchases. The general interior presentation is poor however the following key features should be considered;
New roof replacement in recent years, new electric consumer unit in recent years, annual gas safety certificate in place for the gas central heating Combi boiler, uPVC double glazing throughout. The current landlord is retiring and has good relations with the current tenant. The rent is paid direct by the government and the landlord advises us that all repair obligations are up to date.
Viewing arrangements and further information can be made by contacting our local office. Management services for Lettings can be provided by our lettings department.

Introduction

Investor property available due to retirement receiving rent of £120pw (£6240pa) direct from government for long term tenant - producing yield of around 19% subject to confirmation.
Property comprises a residential mid terrace 2 bedroom single storey home of standard construction with a long term tenant who has been in occupation for approximately 9 years.
Internal photographs have not been included for general marketing for reasons of privacy to the current occupant but can be provided directly on an individual basis for serious potential purchases. The general interior presentation is poor however the following key features should be considered;
New roof replacement in recent years, new electric consumer unit in recent years, annual gas safety certificate in place for the gas central heating Combi boiler, uPVC double glazing throughout. The current landlord is retiring and has good relations with the current tenant. The rent is paid direct by the government and the landlord advises us that all repair obligations are up to date.
Viewing arrangements and further information can be made by contacting our local office. Management services for Lettings can be provided by our lettings department.

Entrance Hall

Entrance via white uPVC doube glazed door. Laminate wood effect flooring, consumer unit contained behind built-in cupboard, alarm key pad, door leading off to bedroom 1, door leading off to lounge.

Bedroom 1 (13' 8'' x 13' 7'' (4.16m x 4.14m))

Laminate wood effect flooring, single radiator, front facing white uPVC double glazed window.

Lounge (13' 8'' x 10' 0'' (4.16m x 3.05m))

Meassurements taken at widest points
Laminate wood effect flooring, double radiator, white uPVC double glazed window with views over rear yard, door leading off to entrance hall, door leading off to kitchen.

Bedroom 2 (10' 4'' x 6' 10'' (3.15m x 2.08m))

Laminate wood effect flooring, double radiator, rear facing white uPVC double glazed window with views over yard.

Kitchen (13' 0'' x 5' 4'' (3.96m x 1.62m))

Ceramic tile flooring, double radiator, rear facing white uPVC double glazed window, white uPVC double glazed door leading to rear yard, door leading off to bathroom, door leading off to lounge. Fitted kitchen with wrapped units and work surfaces with integrated electric oven, 4 ring gas hob and feature extractor chimney in stainless steel finish. Space for tall fridge/freezer, space and plumbing for washing machine, stainless steel sink with single bowl, single drainer and matching monobloc tap, door leading off to bathroom

Bathroom (9' 5'' x 5' 0'' (2.87m x 1.52m))

Vinyl flooring which was installed to create a wet room style facility. Single radiator, rear facing white uPVC double glazed window with privacy glass. White toilet with low level cistern and push button flush, overhead shower with curtain rail and shower curtain. Tiled shower area and extractor fan. Built-in cupboard housing Combi boiler

Externally

The property has pedestrian roller shutter access.

General

The property has had a new roof in recent years

The property has uPVC double glazing.

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:

  • £98,971
  • Price decrease

  • -£16,782
  • (-14.498%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £123,614
  • Properties sold

    76

Rental opportunities

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

£442 pcm

Recent sales nearby

See all recent sales in SR2
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Estimated running costs

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The Agent

Price history

Sold prices provided by Land Registry
2nd Jul 2020 £35,000 First listed
14th Oct 2004 £45,000 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.