Property Features
- 5 Year Lease Renewal Aug 2025
- Rent £623pcm
- 10.6 % Gross Yield
- Freehold
- Council Tax A
- EPC D
- £2,000+vat Buyers Premium Applies
Property Description
NEPI has been instructed to sell this end-of-terrace investment property located in Millfield, Sunderland. Currently leased to a government-backed housing provider until August 2025, with a new 5-year lease expected, the property generates a strong rental income of £623per month (£7,477per annum), offering an attractive gross yield of 10.3%.
This spacious home features 3 bedrooms and 2 reception rooms, currently utilized as a four - bedroom family unit.
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This spacious home features 3 bedrooms and 2 reception rooms, currently utilized as a four - bedroom family unit.
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Contact Us
11 Riverside Studios
Amethyst Rd
Newcastle Upon Tyne
Tyne and Wear
NE4 7YL
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