Willmore Street, Millfield

£72,500
  • Ref: 11307
  • Type: End of Terrace House
  • Availability: For Sale
  • Bedrooms: 3
  • Bathrooms: 1
  • Reception Rooms: 2
  • Tenure: Freehold
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    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.
    ...

    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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