2 bedroom apartment for sale
Key information
Features and description
- Tenure: Leasehold
- 2 Bedroom Garden Apartment
- Separate Garage in Adjoining Block
- Ideal for Investors or First Time Buyers
- Requiring Some Modernisation
- Excellent Location Close to Supermarket's & Shops
- Easy Access to A19 and Sunderland City Centre
This apartment is in need of some modernisation, allowing you to put your personal touch on the space and truly make it your own. With a potential rental income of £600 per calendar month, this property boasts an impressive net yield of 12%, making it an attractive option for those looking to invest in the rental market.
Additionally, the property includes a separate garage located in a nearby block, which could generate an extra £80 per month, further enhancing its investment appeal. The lease has been recently renewed, with a new 100-year lease established in 2014, providing peace of mind for future ownership.
In summary, this two-bedroom garden apartment in Edgmond Court is a promising investment opportunity or a perfect starter home for those looking to enter the property market. With its potential for rental income and the chance to modernise, this property is not to be missed.
Accommodation Comprises -
Hall -
Living Room - 3.83m x 3.56m (12'7" x 11'8") -
Bedroom 1 - 3.89m x 2.99m (12'9" x 9'10") -
Bedroom 2 - 2.96m x 2.98m (9'9" x 9'9") - Fitted wardrobes
Bathroom - Fully tiled bathroom, panel bath, electric shower over, shower screen.
Kitchen - 2.69m x 2.00m (8'9" x 6'6") -
Externally -
Property information from this agent
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