This property is not currently available. It may be sold or temporarily removed from the market.
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
North East Property Investment Ltd
11 Riverside Studios
Amethyst Rd
Newcastle Upon Tyne
Tyne and Wear
NE4 7YL
11 Riverside Studios
Amethyst Rd
Newcastle Upon Tyne
Tyne and Wear
NE4 7YL
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