Burnway, Washington
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
560 sq ft
52 sq m
Key features
- Fitted Bathroom
- Investment Opportunity
- Long Term Tenant in Situ
- No Onward Chain
Description
Rent From Day 1- Tenant in Situ with 10% Yield:
This property comes with a fantastic investment opportunity as it currently has a tenant in situ. Whether you're an experienced investor or looking to start your property investment journey, having a reliable tenant already in place provides immediate rental income and reduces any initial void periods
Popular Location:
This property enjoys a prime location with easy access to essential amenities. Its convenient position ensures the property will always attract tenants.
No Chain:
The property is offered for sale with no onward chain, streamlining the buying process and allowing for a smooth and hassle-free transaction. Buyers can proceed with confidence, knowing that there are no delays or complications associated with a chain.
As you walk upstairs you are greeted by a spacious living room that includes a built-in fireplace which becomes a lovely focal point for the room. The built-in kitchen also features in-built appliances such as an oven, hob, and an extractor fan.
There are 2 bedrooms, both generous-sized doubles with fitted storage. You also have a fitted bathroom which includes a bath with a detachable overhead shower.
Externally, you have a communal green space with a walkway to the front of the property, as well as on-street parking.
This house is located near many local amenities such as the Galleries Shopping Centre, schools, shops, takeaways, other everyday necessities, and it is only a 12-minute drive to the nearest metro station.
Early viewing is highly recommended.
Council Tax Band: A (Sunderland City Council)
Tenure: Leasehold
Ground Rent: £500 per year
Brochures
BrochureTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£500 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
Ask agent
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
Ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
Burnway, Washington
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Pelaw Metro Station2.7 miles
- Heworth Station2.9 miles
- Felling Metro Station3.3 miles
About the agent
NGU HOMES, Gateshead
469-471 Durham Road, Low Fell, Gateshead, NE9 5EX
Selling your home, or an investment property, is a huge opportunity to gain a life-changing amount of money and at NGU Homesales & Lettings we do not take that opportunity lightly; there's no easier way to make an extra £10,000+, tax-free!
An estate agent will traditionally value your property and sell it to the first person who offers something close to the asking price and then manage the sale smoothly to completion...
Sounds okay right?
It is, but we think our main
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference RS0313. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by NGU HOMES, Gateshead. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.