£120,000
Ridley Street, Sunderland
- 2 beds
£120,000
- 2 beds
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Pure Investor are pleased to present this amazing investment opportunity in Sunderland consisting of a 1-bedroom ground floor and 2 bedroom first floor apartment. The apartments include a parking space each via a electric roller shutter to the rear. The apartments are both currently tenanted returning £1,150 overall with both tenants being on periodic contracts. The property was fully converted from single 4 bed hours to two apartments in 2008. Full back to brick refurb, split utilities, and services, with everything being new. In 2020 there was a new roof, fascia, soffits and windows.
INVESTMENT INFORMATION
- Address: 3 Ridley Street, Sunderland SR52JN
- Asking price: £120,000.00
- Current rental income: £1,150pcm (£13,800 per annum)
- Yield: 11.5%
- Number of bedrooms: 3
- Number of bathrooms: 2
- Tenure: Freehold
- Sqft: 1,400
- Apartment 1 & 2 on periodic contracts
- Currently managed by local agency who do everything as landlord has a hands off approach as not local
Payment Plan
1. Reserve your unit with a signed reservation form
2. Provide certified ID, proof of address and proof of funds to Pure Investor
3. Pay a £2,500 non-refundable sourcing fee. 50% upfront and the remaining balance on completion.
4. Remaining balance due on completion
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