5 bedroom hmo

Leamington Street, Sunderland, SR4 7HD

Size: sqm

Purchase price

£180,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £21,000
Lettings fees £2,100
Net income £12,684
Gross yield 11.67%
Net yield 7.05%

yieldit are pleased to present to the market this ready-made investment opportunity, the property is a fully-operational, tenanted and licensed HMO property generating a fantastic NET yield above 7%. The mid-terraced property consists of entrance hallway leading to five spacious double bedrooms, a fully-fitted kitchen complete with appliances, a shower room and bathroom with three-piece suite. To the rear of the property is a low-maintenance rear yard and ample on street parking is available to the front.

Leamington Road is ideally located just a 5-minute walk to Sunderland General Hospital and Sunderland University Main Campus, meaning it will be an attractive let with the student community and young professionals thanks to it’s handy location. Sunderland’s bustling city centre can be reached in 20 minutes on foot or 5 minutes by car, offering a wide selection of shops, eateries, leisure and cultural facilities. Sunderland Station is also located in the centre which provides services to Newcastle in as little as 20 minutes meaning it will also appeal with commuters.

Sunderland often ranks highly as one of the best and safest places to live in the UK and house prices in the city have increased by an excellent 12% since 2019 (Rightmove). Almost £1billion has been invested in the city since 2015, resulting in the creation of jobs, improve infrastructure and cultural assets and in addition to this, a further £626m is due to be spent by 2024 which will only contribute to it’s growth and appeal. Don’t miss out on this opportunity to invest and enquire today!

ATTENTION INVESTORS - EARN INSTANT INCOME ON THIS EXCELLENT HMO! A fully-licensed and tenanted five bedroom HMO close to Sunderland city centre, University and hospital - don't miss out and enquire today.

Interested in this property? Enquire today for more information

Key features

Key features

Generate instant income

Key features

NET yield above 7%

Key features

Licensed and tenanted HMO property

Key features

Five bedrooms

Key features

Two bathrooms

Key features

Shared kitchen complete with appliances

Key features

Rear yard

Key features

Ample on street parking

Key features

Close to Sunderland city centre

Key features

Sunderland University and hospital close by

Key features

Freehold

ATTENTION INVESTORS - EARN INSTANT INCOME ON THIS EXCELLENT HMO! A fully-licensed and tenanted five bedroom HMO close to Sunderland city centre, University and hospital - don't miss out and enquire today. More info...

yieldit are pleased to present to the market this ready-made investment opportunity, the property is a fully-operational, tenanted and licensed HMO property generating a fantastic NET yield above 7%. The mid-terraced property consists of entrance hallway leading to five spacious double bedrooms, a fully-fitted kitchen complete with appliances, a shower room and bathroom with three-piece suite. To the rear of the property is a low-maintenance rear yard and ample on street parking is available to the front.

Leamington Road is ideally located just a 5-minute walk to Sunderland General Hospital and Sunderland University Main Campus, meaning it will be an attractive let with the student community and young professionals thanks to it’s handy location. Sunderland’s bustling city centre can be reached in 20 minutes on foot or 5 minutes by car, offering a wide selection of shops, eateries, leisure and cultural facilities. Sunderland Station is also located in the centre which provides services to Newcastle in as little as 20 minutes meaning it will also appeal with commuters.

Sunderland often ranks highly as one of the best and safest places to live in the UK and house prices in the city have increased by an excellent 12% since 2019 (Rightmove). Almost £1billion has been invested in the city since 2015, resulting in the creation of jobs, improve infrastructure and cultural assets and in addition to this, a further £626m is due to be spent by 2024 which will only contribute to it’s growth and appeal. Don’t miss out on this opportunity to invest and enquire today!

  • Key features
    Tick Desktop Generate instant income
    Tick Desktop NET yield above 7%
    Tick Desktop Licensed and tenanted HMO property
    Tick Desktop Five bedrooms
    Tick Desktop Two bathrooms
    Tick Desktop Shared kitchen complete with appliances
    Tick Desktop Rear yard
    Tick Desktop Ample on street parking
    Tick Desktop Close to Sunderland city centre
    Tick Desktop Sunderland University and hospital close by
    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 £21,000
Lettings fees £2,100
Net income £12,684
Gross yield 11.67%
Net yield 7.05%

*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.