Leechmere Road, Sunderland, SR2 9NA
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Sold via Modern Method of Auction (T’s & C’s apply)
- Three-bedroom mid-terraced dormer cottage
- Currently operating as a HMO with sitting tenants in place
- Strong rental income: £1,950 PCM – very lucrative yield
- Spacious lounge, dining room, and modern kitchen
- Contemporary bathroom and first-floor bedrooms
- Low-maintenance rear yard with roller shutter access
- Convenient location close to local shops, amenities, and transport links
Description
Reference RP1203
Investment Opportunity – 3-Bedroom HMO with Sitting Tenants, High Rental Yield
This well-proportioned three-bedroom mid-terraced dormer cottage is offered with sitting tenants in place and is currently operating as a House of Multiple Occupation (HMO), generating a strong rental income of £1,950 PCM – delivering a very lucrative yield for investors.
Being sold via the Modern Method of Auction (T’s & C’s apply), this property offers immediate income potential and an attractive opportunity for those looking to expand their portfolio.
Ideally situated close to local shops, amenities, and excellent bus links, this home combines a convenient location with a strong return on investment.
Accommodation comprises:
Entrance – Composite front door to hallway with radiator
Lounge (3.95m x 4m) – Feature fireplace, double glazed window, radiator
Dining Room (4.3m x 4.36m) – Double glazed window, radiator, open to kitchen
Kitchen (5.13m x 2.1m) – Range of wall and floor units, stainless steel sink with mixer tap, space for oven, double glazed window
Rear Hallway – Two storage cupboards, composite exit door to rear yard
Bathroom – White suite including panelled bath with shower over, washbasin, WC, two double glazed windows, radiator
First Floor Landing
Bedroom One (4.18m x 1.7m) – Double glazed window, radiator
Bedroom Two (2.33m x 3.9m) – Double glazed roof-style window, radiator
Bedroom Three – Well-sized additional bedroom with natural light and radiator
Externally – Rear yard with roller shutter door access
This property is a ready-made investment with tenants in situ, offering both immediate income and long-term growth potential.
Don’t miss out on this fantastic opportunity – contact us today to arrange your viewing!
Modern Auction: Guide Price £120,000
Modern Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.
A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed. Please contact eXp to view these documents.
When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £6,875 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the EXP Auction Team.
- 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
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Leechmere Road, Sunderland, SR2 9NA
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Visit our security centre to find out moreDisclaimer - Property reference S1460590. 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 eXp UK, Yorkshire and The Humber. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call eXp UK, Yorkshire and The Humber on 03304 609968.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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