Carlisle Terrace, Sunderland

NGU Homes are pleased to bring to the market this three bedroom upper flat on Carlisle Terrace, Sunderland, SR5, presenting an excellent investment opportunity for landlords and portfolio investors.

Investment Potential:

This spacious three bedroom flat offers good potential for investors, with a potential rent of approximately £675 per calendar month, offering an attractive potential yield of 15% based on the asking price. Finished to a good standard throughout, the property can be let without the need for immediate updating, making it a straightforward addition to any buy to let portfolio.

Convenient Southwick location:

The property is well placed for local amenities, with Southwick Green and its local shops just a 2 minute drive away. The Stadium of Light is approximately a 4 minute drive, while Sunderland Royal Hospital is around a 5 to 6 minute drive. Sunderland city centre, Sunderland Metro station and the Bridges Shopping Centre are all roughly a 9 minute drive, offering a wide range of shops, dining and leisure facilities, along with regular rail and Metro services, all helpful for attracting tenants.

EPC rating C, with a modern kitchen and bathroom:

The flat benefits from an EPC rating of C, offering reassurance of reasonable running costs for residents. The stylishly fitted kitchen and modern bathroom are both finished to a good standard, helping to keep maintenance requirements low for the incoming landlord.

Upon entering through the front door, stairs lead up to the first floor accommodation.

The living room is a comfortable, well proportioned space, finished with a feature fireplace and decorative alcoves, creating a welcoming focal point.

The kitchen is fitted with a range of navy wall and base units, contrasting white worktops and a ceramic sink, complemented by a feature brick effect wall, with space for freestanding appliances.

The property offers three bedrooms, all carpeted and decorated to a good standard, including a spacious double bedroom with a feature bay window overlooking the front.

The bathroom comprises a bath with overhead shower and glass screen, wash basin and WC, finished with modern wall panelling.

To the rear, the property also has a small yard.

Council Tax Band: A (Sunderland Council)
Tenure: Leasehold (983 years)
Ground Rent: £1 per year
Peppercorn Ground Rent