2 bedroom terraced house

Boston Street, Sunderland, SR8 3SL

Size: 73 sqm

Purchase price

£40,000

Size: 73 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £3,900
Lettings fees £374
Net income £3,526
Gross yield 9.75%
Net yield 8.81%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! Excellent two bedroom mid terrace, located just 26 minutes from Sunderland city centre.


This wonderful two bedroom mid terrace house comprises of an entrance hallway leading to a spacious lounge with double glazed window to the front; a fully fitted kitchen with all appliances included; a staircase leading to a generous double bedroom with double glazed window; a three piece family bathroom with shower over bath; a second double bedroom with double glazed window. The property also has a rear yard and has on street parking.

This property is located in the small town of Peterlee in County Durham. Residents of Peterlee are spoilt for choice when it comes to travelling to nearby cities with Durham, Sunderland and Middlesbrough only a 30 minute drive away and Newcastle only 45 minutes away, meaning that this property would be perfect for commuters into any of these places. For those who prefer a quiet day away from the hustle and bustle of a city, the Durham Heritage Coast is only a 5 minute drive away from this property, offering incredible views of the coastline and North Sea as well as a picturesque coastal footpath to enjoy.

Durham has been named as a buy to let hotspot as house prices have been consistently slightly lower than median prices for the North East, which are well below those for England as a whole. Overall, prices have increased from £47,500 in 2000 to £100,000 in 2015, an increase of 111% which continues to grow. House prices are continuing to rise in the area and have seen an increase of over 10% alone in the last 5 years (Zoopla – October 2020) making for a great investment opportunity.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Freehold

Key features

Two bedroom mid terrace

Key features

Double glazed

Key features

Excellent location

Key features

Great transport links

Key features

26 minutes from Sunderland

Key features

Shops and amenities nearby

Key features

Freehold

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! Excellent two bedroom mid terrace, located just 26 minutes from Sunderland city centre. More info...

This wonderful two bedroom mid terrace house comprises of an entrance hallway leading to a spacious lounge with double glazed window to the front; a fully fitted kitchen with all appliances included; a staircase leading to a generous double bedroom with double glazed window; a three piece family bathroom with shower over bath; a second double bedroom with double glazed window. The property also has a rear yard and has on street parking.

This property is located in the small town of Peterlee in County Durham. Residents of Peterlee are spoilt for choice when it comes to travelling to nearby cities with Durham, Sunderland and Middlesbrough only a 30 minute drive away and Newcastle only 45 minutes away, meaning that this property would be perfect for commuters into any of these places. For those who prefer a quiet day away from the hustle and bustle of a city, the Durham Heritage Coast is only a 5 minute drive away from this property, offering incredible views of the coastline and North Sea as well as a picturesque coastal footpath to enjoy.

Durham has been named as a buy to let hotspot as house prices have been consistently slightly lower than median prices for the North East, which are well below those for England as a whole. Overall, prices have increased from £47,500 in 2000 to £100,000 in 2015, an increase of 111% which continues to grow. House prices are continuing to rise in the area and have seen an increase of over 10% alone in the last 5 years (Zoopla – October 2020) making for a great investment opportunity.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Freehold
    Tick Desktop Two bedroom mid terrace
    Tick Desktop Double glazed
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop 26 minutes from Sunderland
    Tick Desktop Shops and amenities nearby
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £3,900
Lettings fees £374
Net income £3,526
Gross yield 9.75%
Net yield 8.81%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.