3 bed terraced house for sale

Leechmere Road, Sunderland SR2

Reference RP1203

Investment Opportunity – 3-Bedroom HMO with Sitting Tenants, High Rental Yield

This well-proportioned three-bedroom mid-terraced dormer cottage is offered with sitting tenants in place and is currently operating as a House of Multiple Occupation (HMO), generating a strong rental income of £1,950 pcm – delivering a very lucrative yield for investors.

Being sold via the Modern Method of Auction (t’s & c’s apply), this property offers immediate income potential and an attractive opportunity for those looking to expand their portfolio.

Ideally situated close to local shops, amenities, and excellent bus links, this home combines a convenient location with a strong return on investment.

Accommodation comprises:

Entrance – Composite front door to hallway with radiator
Lounge (3.95m x 4m) – Feature fireplace, double glazed window, radiator
Dining Room (4.3m x 4.36m) – Double glazed window, radiator, open to kitchen
Kitchen (5.13m x 2.1m) – Range of wall and floor units, stainless steel sink with mixer tap, space for oven, double glazed window
Rear Hallway – Two storage cupboards, composite exit door to rear yard
Bathroom – White suite including panelled bath with shower over, washbasin, WC, two double glazed windows, radiator
First Floor Landing

Bedroom One (4.18m x 1.7m) – Double glazed window, radiator
Bedroom Two (2.33m x 3.9m) – Double glazed roof-style window, radiator
Bedroom Three – Well-sized additional bedroom with natural light and radiator
Externally – Rear yard with roller shutter door access
This property is a ready-made investment with tenants in situ, offering both immediate income and long-term growth potential.

Don’t miss out on this fantastic opportunity – contact us today to arrange your viewing!

Modern Auction: Guide Price £120,000

Modern Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.

A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed. Please contact eXp to view these documents.

When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £6,875 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the exp Auction Team.