1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (125 years remaining)
- Enclosed Rear Garden
- Fireplace
- Great Investment
- Great Location
- Investment Opportunity
- No Chain
- On Street Parking
- Rent from Day 1
- Tenant In Situ
Great Investment- Tenant in Situ:
This property comes with a fantastic investment opportunity as it currently has a tenant in situ generating a 10% rental yield. Whether you're an experienced investor or looking to start your property investment journey, having a reliable tenant already in place provides immediate rental income and reduces any initial void periods.
Popular Location:
This property enjoys a prime location with easy access to essential amenities as well as being only a 6-minute drive from the nearest metro station, South Hylton. This property is also only an 8-minute drive from the Bridges Car Park. Its convenient position ensures the property will always attract and retain tenants.
Enclosed Garden:
Outdoor space is a desirable feature for tenants and results in longer tenancies. This is key when looking for a good investment deal.
As you head upstairs, you are greeted by a warm living room that features a built-in fireplace. There is also a kitchen with integrated appliances including an oven, hob and extractor fan. As you continue through the property, there is one spacious double bedroom. You also have one family bathroom, complete with a bath.
Externally you have on-street parking to the front of the property. The front garden is owned by the ground floor flat, and the enclosed private garden to the rear of the house, is associated with the upstairs flat.
This house is located near many local amenities such as a hospital, schools, shops, takeaways, and other everyday necessities.
Early viewing is highly recommended.
Council Tax Band: A (Sunderland City Council)
Tenure: Leasehold (125 years)
Ground Rent: £10 per year
Service Charge: £0 per year
125 Years from 26/09/2005 - 106 Years Left
Property information from this agent
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Property reference RS0342. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by NGU Homes - Gateshead Sales.
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Broadband availability and predicted speed: obtained from Ofcom on October 7, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on October 7, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on February 24, 2011 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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