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Corporation Road, Sunderland, SR2 8PL

Offers In Region Of £35,000
Overview

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.

Features
  • Tenanted Investment
  • £4,800per annum rental income
  • 2 Bedroom Upper Flat
  • Tyneside Lease
  • Universal Credit Tenant
  • Buyers Premium Applies
  • Viewings by Appointment Only
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Location
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Address
North East Property Investment Ltd
2 South Terrace
Sunderland
SR5 2AW

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