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Finchale Close, Sunderland

PROPERTY TYPE

Terraced

BEDROOMS

1

BATHROOMS

1

SIZE

506 sq ft

47 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

A fantastic opportunity to acquire this one-bedroom terraced property, offered with a tenant in situ and generating an impressive gross yield of approximately 11% at the asking price, making it an ideal addition to any investment portfolio.

Investment Opportunity- Tenant in Situ:

Currently tenanted at £495 PCM, this property offers an excellent gross yield of approximately 11% at the asking price, making it a standout investment opportunity. With a tenant in situ, there are no void periods, providing immediate and consistent rental income from day one.

Well-Connected Location:

Ideally positioned just 7 minutes from Sunderland City Centre and Sunderland Train Station, and only 6 minutes from Park Lane Metro Station, the property benefits from excellent transport links. The University of Sunderland is also within a 9-minute drive, alongside a wide range of local amenities, enhancing its appeal to tenants.

EPC Rating C:

Benefitting from a strong EPC rating of C, the property offers improved energy efficiency, making it more attractive to tenants and supporting long-term rental demand.

Upon entering the property, the home benefits from an entrance porchway, ideal for coats and belongings. You are then welcomed into a bright and spacious living room, complete with laminate flooring and a large front-facing window allowing for plenty of natural light. The room also features a lovely focal fireplace and is open plan, leading into the kitchen at the rear. The modern gloss-finish kitchen includes integrated appliances, while the rear door provides access to the garden.

The first floor comprises a double bedroom and a contemporary shower room.

Externally, the property benefits from a private rear yard, while to the front there is on-street parking.

Finchale Close is ideally situated with easy access to a range of local amenities, schools, and transport links. The property is conveniently located near key routes including the A690 and A19, providing excellent connectivity to Durham, Newcastle, and the surrounding areas, making it particularly appealing to commuters and tenants alike.

Council Tax Band: A (Sunderland Council)
Tenure: Freehold

Brochures

Brochure
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.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden,Rear garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Finchale Close, Sunderland

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About NGU HOMES, Gateshead

469-471 Durham Road, Low Fell, Gateshead, NE9 5EX

Selling Smarter. Earning More

Ready to unlock the full potential of your property?

Selling your home or investment property is a rare, life-changing opportunity — and with the right strategy, you can walk away with thousands more, completely tax-free.

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Maximise your property's value.

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Our Smarter Selling Strategy:

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Never settle for less than what your property is truly worth.

Affordability

Monthly repayments£276
Property: £ 55,000
Deposit: £ 5,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference RS0437. 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.

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