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House For Sale £115,000
Mowbray Road, Hendon, Sunderland


Description
INVESTMENT SALE - 4 BED HMO PART LET PRODUCING £10,647.96 Per Annum but once fully let will produce circa £13,500.00 providing a healthy 12% return on investment - The property is located on Mowbray Road In Hendon and comprises of a 4 bed HMO. Mowbray Road offers a convenient location for access to Sunderland City Centre, local shops, amenities and good transport links. Internally the property briefly comprises of: Entrance Hall, Room 1, Room 2, Kitchen, Bathroom, First Floor, WC, Room 3, Room 4 / Studio. Externally there is a front block paved forecourt and a rear yard. Full details in relation to the tenancy details and rents are available upon request.

Tenancy Details / Rents - It has been advised that the following rents are payable for the property.

Room 1: £248 per month
Room 2: 251.33 per month
Room 3: Vacant
Room 4: £388 per month

Total: £10,647.96 Per Annum

Full details in relation to the tenancy details are available upon request.

The rents detailed have been advised and confirmed on the 10.07.2023

Entrance Hall - Night storage heater, stairs to the first floor

Room 1 - 5.54 to bay x 5.07 (18'2" to bay x 16'7") - Front facing, double glazed bay window, wall mounted electric panel heater, wash hand basin with tiled splash back

Room 2 - 5.00 x 4.53 (16'4" x 14'10") - Rear facing, wall mounted electic panel heater, wash hand basin with tiled splash back

Kitchen - 4.49 x 2.97 (14'8" x 9'8") - Range of floor and wall units, stainless steel sink and drainer, free standing cooker, night storage heater

Bathroom - Low level wc, pedestal basin, bath with shower over, night storage heater

First Floor - Landing

Separate Wc - Low level wc, wash hand basin with tiled splash back

Room 3 - 4.20 x 4.17 (13'9" x 13'8") - Rear facing, wash hand basin with tiled splash back

Room 4 / Studio - Room 4 has a Bedroom and Kitchen

Bedroom - 4.18 x 4.40 (13'8" x 14'5") - Front facing, wash hand basin with tiled splash back, wall mounted electric panel heater, two double glazed windows

Kitchen - 3.10 x 2.05 (10'2" x 6'8") - Range of floor and wall units, tiled splash back, stainless stell sink and drainer, double glazed window, wall mounted electric panel heater

Externally - Externally there is a front block paved forecourt and a rear yard

Free Valuations - We are pleased to offer a free valuation service for prospective purchasers considering a sale of their own property. We can advise you with regard to marketing, without obligation

Mortgage Advice - Mortgages can be arranged via our Financial Advisers subject to status. Your home may be repossessed if you do not keep up repayments on your mortgage.


Follow the link for more information:
        
onthemarket.com

  
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