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.