Corporation Road, Sunderland, SR2 8PLOffers In Region Of £35,000
NEPI offer to the market this tenanted investment opportunity, ideal for either a first time investor or to add to an existing property portfolio. Currently tenanted to a Universal Credit tenant, with direct payments already in place. The property is generating a rental income of £400pcm, £4,800 per annum.
The property is a 2 Bedroom upper flat briefly comprising: UPVC front door; stairs to first floor, lounge, kitchen, bathroom, master bedroom, second bedroom. Tyneside lease with peppercorn ground rent and 80 years remaining.
Viewing is by appointment and a buyers premium of £3,000+VAT is applicable to any purchase.
- Tenanted Investment
- £4,800per annum rental income
- 2 Bedroom Upper Flat
- Tyneside Lease
- Universal Credit Tenant
- Buyers Premium Applies
- Viewings by Appointment Only