3 bed Flat For Sale, Marion Street, Sunderland SR2

Description

No expense has been spared on the full renovation of this truly lovely property, which is offered to the market as a readymade buy-to-let investment yielding an outstanding 9% net. The luxurious first floor apartment boasts it’s own entrance, spotlight ceiling and wooden flooring throughout, high quality stylish kitchen with integrated appliances, three bedrooms, tiled bathroom and spacious living room with bay window. To the rear of the property is a private garden which could serve as an off-road parking space.

Marion Street is the ideal base for convenient access to Sunderland General Hospital, Sunderland University Main Campus and Sunderland City Centre, which can be reached in as little as 5 minutes by car or less than 20 minutes on foot, as well as local shops, schools and everyday amenities. Sunderlands bustling city centre is home to a wide selection of shops, eateries, leisure and cultural facilities and Sunderland Station which provides services to Newcastle in as little as 20 minutes which is fantastic for those looking to commute.

Sunderland has recently undergone a £2m improvement of the High Street and there are plans to regenerate the Miners Quarter to create a cultural quarter and improve infrastructure. Sunderland City Council have also unveiled The Riverside Sunderland Masterplan, backed by a £100m investment, which aims to transform Sunderland to a city centre destination and bring new residents and workers to the city. There are also plans for a state-of-the-art library and community hub – the Culture House – that will attract 600,000 visitors a year to a new site in Keel Square. Such plans will inevitably create more jobs and increase the demand for rental properties which means now is a great time to invest in property there! Enquire today to avoid disappointment.

Financial Breakdown

Gross rent: £9,000
Net income: £9,000
Gross yield: 9%
Net yield: 9%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-06886

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3 bed Flat For Sale £100,000 Marion Street, Sunderland SR2

3 bed Flat For Sale £100,000
Marion Street, Sunderland SR2