Property Details

1 bedroom ground floor flat for sale For Sale

Edgmond Court, Ryhope, Sunderland, Tyne and Wear, SR2 0DY, SR2

£49,950

ROI = 18% BMV = 11.98%

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Description

Pattinson estate agents are delighted to present this exceptional investment opportunity situated in the highly sought-after Hollycarside area of Sunderland. This charming one-bedroom ground floor flat is an ideal choice for investors, featuring a long-term tenant who has maintained the property impeccably. The presence of a reliable tenant ensures an immediate return on your investment, with the property generating £6012 per annum. Strategically located, this property offers convenient access to a range of amenities, shopping centres, and educational institutions. The excellent road and public transport links provide seamless connectivity to Sunderland city centre, Seaham, and other surrounding areas. The property layout includes: • Entrance hallway • Spacious living room • Well-appointed kitchen • Comfortable bedroom • Bathroom Additionally, the apartment comes with a single garage in a separate block, offering secure parking or additional storage space. This is a prime opportunity for those looking to start or expand their property portfolio, with an attractive immediate annual return of £6012. For further details, please contact our Sunderland team. Council Tax Band: A Tenure: Leasehold Length Of Lease: 192 Annual Service Charge Amount: £1,001.00 Service Charge Review Period: Year

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