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Semi-detached house for sale in Kettering Square, Sunderland

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Semi-detached house for sale - 3 bedrooms

3 1 2 EPC Rating: D

Tenure:

Freehold

Council tax band:

Not available

Utilities and more details

Property features

Hands Off Investment Opportunity
8.8% Yield
Local Social Housing Tenant
Superb Location With Excellent Growth Potential.

Property description

Hands off investment opportunity

This home presents a fantastic hands-off investment opportunity, currently leased to a local housing organisation at £11,440 per annum on a full repairing lease. With a generous gross yield of 8.8%, this property promises a lucrative investment for those looking to expand their portfolio.

Recently refurbished to include rewire, new boiler, integrated kitchen and fully tiled bathroom.

Kettering Square is located just outside of Sunderland City Centre and only a few minutes drive from the A19 regional road network.

According to Rightmove statistics Sunderland has out preformed the national average for property price growth since 2022 this is down to the large on going development within the City and the surrounding areas which includes; City Hall, Train Station, Auditorium, several office blocks, hotels, large live in work environments, dockland movie studio, along with smaller private developments.

Property info

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Propertunity North East Ltd, and do not constitute property particulars. Please contact Propertunity North East Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.