Harlow Street, Sunderland SR4 7AR
Size: sqm
Purchase price
£170,000
Size: sqm
Tenanted
Gross rent | £14,400 |
Lettings fees | £1,440 |
Net income | £9,840 |
Gross yield | 8.47% |
Net yield | 5.79% |
yieldit are pleased to bring to the market this fantastic, tenanted buy-to-let investment opportunity. The spacious end terraced property has been converted into a wonderful four-bedroom HMO which is fully let and is in the process of obtaining it’s license to be able to let out a fifth room, there is also potential for a sixth room to be added. The bedrooms are well proportioned and the entire property has been renovated to a high standard throughout. There is a communal reception room, a kitchen with all necessary appliances included and two bathrooms.
The property sits in a perfect location with Sunderland city centre right on it’s doorstep which makes it extremely attractive to those looking for a room to rent. It is ideally situated close to The University of Sunderland, Sunderland Royal Hospital and Sunderland Station which provides services to Newcastle in as little as 20 minutes meaning there will always be a strong rental demand from students, young professionals and commuters.
Sunderland has a bustling city centre offering a range of shops, restaurants and lively bars and it often ranks highly as one of the best and safest places to live in the UK. House prices in the city have risen by 11% since 2019 (Rightmove) which makes it an excellent location to invest in property. A cash injection of almost £1 billion has been invested in Sunderland since 2015 to create jobs, improve infrastructure and cultural assets in the city and in addition to this a further £626m is due to be spent on the city by 2024 meaning it will only continue to prosper.
ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS SUPERB TENANTED HMO PROPERTY! Immaculately presented 4/5 bedroom property ideally situated close to Sunderland city centre. Enquire today!
Interested in this property? Enquire today for more information
Key features
Excellent buy-to-let investment opportunity
Fully tenanted four-bedroom HMO
HMO license to be in place shortly
Fifth bedroom ready to be let out
Communal living room
Fully-fitted kitchen complete with appliances
Two bathrooms
Unbeatable location near Sunderland city centre
Within easy reach of university and hospital
Amenities and transport links nearby
Freehold
ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS SUPERB TENANTED HMO PROPERTY! Immaculately presented 4/5 bedroom property ideally situated close to Sunderland city centre. Enquire today! More info... Less info...
yieldit are pleased to bring to the market this fantastic, tenanted buy-to-let investment opportunity. The spacious end terraced property has been converted into a wonderful four-bedroom HMO which is fully let and is in the process of obtaining it’s license to be able to let out a fifth room, there is also potential for a sixth room to be added. The bedrooms are well proportioned and the entire property has been renovated to a high standard throughout. There is a communal reception room, a kitchen with all necessary appliances included and two bathrooms.
The property sits in a perfect location with Sunderland city centre right on it’s doorstep which makes it extremely attractive to those looking for a room to rent. It is ideally situated close to The University of Sunderland, Sunderland Royal Hospital and Sunderland Station which provides services to Newcastle in as little as 20 minutes meaning there will always be a strong rental demand from students, young professionals and commuters.
Sunderland has a bustling city centre offering a range of shops, restaurants and lively bars and it often ranks highly as one of the best and safest places to live in the UK. House prices in the city have risen by 11% since 2019 (Rightmove) which makes it an excellent location to invest in property. A cash injection of almost £1 billion has been invested in Sunderland since 2015 to create jobs, improve infrastructure and cultural assets in the city and in addition to this a further £626m is due to be spent on the city by 2024 meaning it will only continue to prosper.
Freehold
*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.
Gross rent | £14,400 |
Lettings fees | £1,440 |
Net income | £9,840 |
Gross yield | 8.47% |
Net yield | 5.79% |
*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.
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yieldit is a company registered in England and Wales. Registered number: 11547318.
© 2022 yieldit | Privacy Policy | Terms & Conditions | Complaints Procedure
yieldit is a company registered in England and Wales. Registered number: 5236745.