Granville Street, Millfield

£124,750
  • Ref: 11322
  • Type: End of Terrace House
  • Availability: For Sale
  • Bedrooms: 6
  • Bathrooms: 2
  • Reception Rooms: 1
  • Tenure: Freehold
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    • Floorplan

    Property Features

    • Six well-proportioned bedrooms
    • Currently tenanted with a lease in place
    • Generating £1,679.35 PCM / £20,152.20 PA
    • Excellent access to shops, public transport, and local amenities
    • Buyers Premium £1,500+VAT applies

    Property Description

    Investment Opportunity – 6 Bedroom HMO – High Yield Property

    We are delighted to bring to the market this substantial six-bedroom mid-terrace house located on Granville Street in the popular area of Millfield, Sunderland. This property represents an excellent turn-key investment opportunity, currently let with an existing lease generating a rental income of £1,679.35 per calendar month (£20,152.20 per annum).
    At the current asking price of offers over £124,750, this equates to an impressive gross rental yield of approximately 15%, offering strong returns for buy-to-let investors.
    The property is well-positioned for access to local amenities, transport links, Sunderland University, and Sunderland Royal Hospital, making it highly desirable for tenants.
    A buyers premium of £1,500+VAT applies to this purchase. ...

    Contact Us

    Address
    North East Property Investment Ltd
    11 Riverside Studios
    Amethyst Rd
    Newcastle Upon Tyne
    Tyne and Wear
    NE4 7YL

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