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1 bed Flat For Sale £43,000
Springwell Road, Sunderland SR3
previous price £46,995


Description
Investor or first time buyer potential with A possible 10% yield - well presented one double bedroom first floor flat in excellent central location for transport links and perfect for commuting. This is a compact well positioned low cost flat which backs onto attractive open land to the rear and which also has the benefit of its own well kept rear garden with storage cupboard for garden tools, lawn mower etc... Internally, the flat comprises; lounge, kitchen with appliances (oven, fridge freezer, washing machine), bathroom and double bedroom. The property would be suitable for first time buyers or investors as a monthly rental income of approximately £350 per calendar month could be expected. The flat is leasehold with a 125 years lease in place effective from 1st March 2005. Viewing arrangements can be made by contacting our local office.

Introduction

Buy to let with 10% + Yield available with tenant paying £380pcm or first time buyer or low cost home - well presented one double bedroom first floor flat in excellent central location for transport links and perfect for commuting. This is a compact well positioned low cost flat which backs onto attractive open land to the rear and which also has the benefit of its own well kept rear garden with storage cupboard for garden tools, lawn mower etc... Internally, the flat comprises; lounge, kitchen with appliances (oven, fridge freezer, washing machine), bathroom and double bedroom. The property would be suitable for first time buyers, downsizers or investors as the property is currently occupied by a tenant paying £380 per calendar month. Equally, the flat can be purchased with vacant possession as the tenant has agreed to leave if required and has been served appropriate notice. The flat is leasehold with a 125 years lease in place effective from 1st March 2005. This is an excellent low cost opportunity to get on the housing ladder or acquire a nice rental property with a good return.
Viewing arrangements can be made by contacting our local office.
If you have a property to sell and would like valuation advice or guidance, please do not hesitate to ask us for assistance. Our sales fees start from just £995 on a no sale no fee basis. If you’re a potential landlord and would like information on our competitive management services please ask for details.

Entrance Hall

Carpeted stairs to landing.

Landing

Side facing white uPVC double glazed window with privacy glass, built-in cupboard, 4 doors leading off, 1 to bedroom, 1 to lounge, 1 to bathroom and 1 to kitchen.

Lounge (11' 2'' x 10' 6'' (3.40m x 3.20m))

Measurements taken at widest points.
Laminate wood effect flooring, double convector radiator, front facing white uPVC double glazed window.

Kitchen (9' 1'' x 7' 7'' (2.77m x 2.31m))

Measurements taken at widest points.
Laminate tile effect flooring, front facing white uPVC double glazed window with privacy glass. Modern fitted kitchen with a range of wall and floor units in a light wood effect finish with complementary laminate work surfaces. Space and plumbing for a double fridge/freezer, space and plumbing for a gas cooker, space and plumbing for a washing machine, stainless steel sink with bowl and a half, single drainer and matching Monobloc tap, wall mounted Combi boiler.

Bedroom 1 (14' 3'' x 8' 8'' (4.34m x 2.64m))

Laminate wood effect flooring, single convector radiator, rear facing white uPVC double glazed window with lovely open views including views of the rear garden.

Bathroom (6' 1'' x 5' 10'' (1.85m x 1.78m))

Laminate tile effect flooring, chrome towel heater style radiator, rear facing white uPVC double glazed window with privacy glass. Corner quadrant shower with glass sliding doors and electric shower, white basin with pedestal and chrome tap, white toilet with low level cistern. The walls are finished in a white uPVC cladding as is the ceiling.

Externally

To the front there are steps leading to uPVC double glazed front door, to the side of which is a storage cupboard and shared access to rear garden.

The flat benefits from its own exclusive rear garden which is generous, well maintained and mainly laid to lawn, fencing and a pedestrian gate to the rear which leads out to open land. The views are particularly pleasant from the rear of the property.

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