No longer on the market
This property is no longer on the market
Map3 bedroom end of terrace house
End of terrace house
3 beds
1 bath
1313
EPC rating: D
Key information
Features and description
- 5 Year Lease Renewal Aug 2025
- Rent £623pcm
- 10.6 % Gross Yield
- Freehold
- Council Tax A
- EPC D
- £2,000 vat Buyers Premium Applies
NEPI has been instructed to sell this end-of-terrace investment property located in Millfield, Sunderland. Currently leased to a government-backed housing provider until August 2025, with a new 5-year lease expected, the property generates a strong rental income of £623per month (£7,477per annum), offering an attractive gross yield of 10.3%.This spacious home features 3 bedrooms and 2 reception rooms, currently utilized as a four - bedroom family unit.
About this agent
North East Property Investment - Newcastle Upon Tyne
11 Riverside Studios, Amethyst Road
Newcastle Business Park, Newcastle Upon Tyne
NE4 7YL
0191 723 0076North East Property Investment offer services and advice covering all aspects of property management from our office in Newcastle. NEPI was created by buy to let investors to provide property management and lettings services which they were not receiving from the High Street agencies. We have extensive knowledge of the North East, our staff are trained to ARLA levels. We work closely with our sister company North East Property Investment who are specialists in the Buy to Let sector and offer services and advice covering all aspects of property investment and development.