Spacious 3-Bedroom End Terrace House in Sunderland – Ideal Investment Opportunity
This well-presented three-bedroom end-terrace house offers an excellent opportunity for both homeowners and investors. Featuring multiple upgrades throughout, the property includes a modern gas-fired boiler, French doors from the lounge, and a spacious rear "yarden" with electric roller shutters for off road parking with added security.
Overview: Address: Lumley Street, Sunderland, SR4 7DZ Tenure: Freehold Council Tax Band: A EPC Rating: D (Potential: C) Size: 807 ft² (75 m²)
For Investors Tenancy: 12 month initial fixed term from February 2025, with professional tenants. Recent Upgrades: New gas-fired boiler installed in May 2023 and up-to-date EICR and gas certificate. Demand: Sunderland’s affordable property market and strong rental demand make this an excellent investment. Estimated Capital Required: Circa £31,500 total investment (including SDLT, legal fees, borrowing costs, and survey).
Local Amenities Schools: Within proximity to good local schools including primary and secondary options. Shops & Services: Nearby grocery stores, cafes, and retail options in Sunderland city centre. Healthcare: Close to GP surgeries, pharmacies, and Sunderland Royal Hospital. Leisure: Parks, gyms, and recreational facilities within easy reach.
Transport Links Road: Easy access to the A690 and A19, providing routes to Durham and Newcastle. Train: Sunderland railway station offers services to Newcastle, Middlesbrough, and beyond. Metro: Nearby Pallion and Millfield Metro stations provide quick links across Tyne and Wear. Bus: Well-served by local bus routes for city and regional travel.
Other Property Details Floor Area: 807 ft² / 75 m² Plot Size: 0.03 acres Council Tax Estimate: £1,331 per year Broadband: Ultrafast 1000 Mbps available (Virgin, Sky, BT) Mobile Coverage: Good reception from O2, EE, Three, and Vodafone Flood Risk: Very low
This turnkey investment offers strong rental income in a very popular location. Contact us today for more details or to arrange a viewing!
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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