No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers in region of£45,000
Added > 14 days

2 bedroom apartment for sale

Lyndhurst Terrace, Sunderland SR4
Sold STC
Save
Apartment
2 bed
1 bath
EPC rating: C*
645 sq ft / 60 sq m

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • INVESTOR BUY TO LET PROPERTY WITH SITTING TENANT
  • 2 BEDROOM FIRST FLOOR FLAT
  • RENTAL INCOME OF £90pw PAID DIRECT TO LANDLORD VIA LHA & NO RENT ARREAS
  • EPC RATING C
  • RENTAL YIELD OVER 10%pa
  • TO BE SOLD WITH CURRENT VALID GAS & ELECTRIC CERTIFICATES
  • CURRENT RETIRED TENANT OCCUPIED SINCE 1991 AND WOULD LIKE TO STAY
  • CURRENT LANDLORD DISPOSING OF PROPERTY DUE TO RETIREMENT
INVESTMENT PROPERTY (OVER 10% YIELD) WITH RETIRED SITTING TENANT SINCE 1991 WHO WOULD LIKE TO STAY - £90pw PAID DIRECT TO LANDLORD BY LHA - 2 BEDROOM FIRST FLOOR FLAT - AVAILABLE AS CURRENT LANDLORD RETIRING. Good Life Homes are delighted to bring to the market an opportunity to acquire a high yielding investment property with a sitting tenant who has occupied the property since 1991 and is happy to stay. The current landlord has owned the property for many years and is now retiring and the property will be sold with valid gas and electrical safety certificates ensuring the new owner has a fully compliant income generating property.Perfect for adding to an existing portfolio or as a ready to go home for a new landlord looking for a healthy return, the property briefly comprises; entrance hall and staircase leading to first floor landing with 2 double bedrooms leading off and a lounge. Leading off the lounge is a bathroom with bath and shower and also leading off the lounge is a kitchen. Benefitting from double glazing and gas central heating via COMBI boiler, the current tenant is retired with single occupancy and has good relations with the landlord. Viewing arrangements can be made by contacting the office. If you have a property to sell and would like valuation advice or guidance, please do not hesitate to ask us for assistance. Our fixed price selling fees start from just £995 on a no sale no fee basis which means that you'll pay nothing unless we sell your home! Call us and find out why so many people across Sunderland now choose Good Life to sell their home.

INTRODUCTION
INVESTMENT PROPERTY (OVER 10% YIELD) WITH RETIRED SITTING TENANT SINCE 1991 WHO WOULD LIKE TO STAY - £90pw PAID DIRECT TO LANDLORD BY LHA - 2 BEDROOM FIRST FLOOR FLAT - AVAILABLE AS CURRENT LANDLORD RETIRING.

ENTRANCE HALL
Entrance via white uPVC double-glazed door. Gas meter, electric meter and electric fuse box, carpeted stairs to first floor landing.

FIRST FLOOR LANDING
Loft hatch, 3 doors leading off, 2 to bedrooms and 1 to lounge.

BEDROOM 1 - 12' 6'' x 11' 8'' (3.81m x 3.55m)
Laminate wood-effect flooring, single radiator, front facing white uPVC double-glazed window. Fitted wardrobes with sliding doors providing a good degree of storage and hanging space. Period fireplace with tiled back. This is a large double bedroom.

BEDROOM 2 - 9' 7'' x 9' 0'' (2.92m x 2.74m)
Laminate wood-effect flooring, front facing white uPVC double-glazed window. Built-in cupboard providing storage. This is also a double bedroom.

LOUNGE - 13' 10'' x 12' 5'' (4.21m x 3.78m)
Laminate wood-effect flooring, double radiator, rear facing white uPVC double-glazed window. Period fire surround with tiled insert and hearth. Built-in cupboard to 1 side of chimney. Door leading off to bathroom, door leading off to kitchen.

BATHROOM - 10' 6'' x 8' 9'' (3.20m x 2.66m)
Ceramic tile flooring, double radiator, rear facing white uPVC double-glazed window. White bathroom suite comprising of; toilet with low level cistern, sink with single pedestal and chrome tap, bath with panel and gold-effect taps. Separate shower cubicle with electric shower. Bathroom leads off the lounge.

KITCHEN - 11' 0'' x 7' 2'' (3.35m x 2.18m)
Laminate wood-effect flooring, white uPVC double-glazed window. Fitted kitchen with a range of wall and floor units in a light wood-effect with contrasting laminate work surfaces, built-in cupboard housing Combi boiler, space and plumbing for a washing machine, space for tall fridge/freezer, sink with single bowl, single drainer and chrome taps, space and plumbing for a gas cooker. To the rear of the kitchen is 4 steps leading down to uPVC double-glazed door which in turn leads out to a shared rear yard.

EXTERNALLY
Providing access for refuse bins etc

GENERAL
It should be noted that the current tenant has been in occupation since 1991 and would like to continue the tenancy.He has very good relationship with the existing landlord and the rent is £92 per week. The rent is paid directly from LHA.The property will be sold existing gas and electrical safety certificates and compliance requirements for tenancy.

Council Tax Band: A
Tenure: Leasehold

Property information from this agent

Places of interest

    Selling Fees From Just £995 with No Sale No Fee Guarantee! With what we believe is the best value professional estate agency service in the area, we can now offer selling fees from just £995 on a No Sale No Fee basis. This means that if we don’t sell your home, you don’t pay us a penny in fees! ...and there are No Upfront Fees either! Professional photography, sale boards, and advertising (including social media marketing) are all included in our package; so you’ve no need to worry about the expensive add-ons often hidden by other agents. Good Life Homes have been selling and letting properties across Sunderland for over 20 years and continues to offer exceptional value for money, combined with our renowned personal service. We’re here to help you with your property needs and genuinely want to be the best estate agent in Sunderland for our clients.

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    *DISCLAIMER

    Property reference 11921181. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Good Life Homes - Sunderland.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on February 9, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on February 9, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on January 30, 2024 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.