Summary -
207 TADCASTER ROAD,SUNDERLAND,SR3 4NP
SR3 4NP
3 bed 2 bath Semi-Detached
Three-bed investment with tenants in situ and immediate rental income..
- Three bedrooms, two bathrooms; approximately 861 sq ft
- Freehold semi-detached 1980s suburban property
- Current gross rent £7,800 pa; gross yield ~7.2% at £108,000
- Tenants in situ and wish to remain (income immediate)
- Private front and rear gardens; garage and driveway externally
- On-street parking; parking may be limited at busy times
- Area is very deprived with above-average crime statistics
- Buyer’s Premium applies on sale; factor into total purchase cost
A three-bedroom, freehold semi-detached house on Tadcaster Road offering clear buy-to-let appeal for investors. The property extends to about 861 sq ft with two bathrooms, private front and rear gardens and on-street parking. It currently produces a gross rental income of £7,800 per year, giving an approximate gross yield of 7.2% at the asking price of £108,000. Tenants are in situ and wish to remain, providing immediate income and minimal void risk.
Practical strengths include fast broadband, excellent mobile signal and proximity to several primary and secondary schools rated Good by Ofsted. The house is a traditional 1980s suburban build with a standard ceiling height, medium-sized rooms and an attached garage/driveway visible externally. There is no flooding risk recorded and the tenure is freehold.
Material negatives are concentrated in the location and sale terms: the local area is recorded as very deprived with above-average crime levels, which may affect tenant demand and management costs. A Buyer’s Premium will apply on sale; factor this into acquisition costs. The property is offered with tenants in place — suitable for investors but not for buyers seeking vacant possession.
Suitable buyers are serious investors or developers seeking an income-producing asset in a major conurbation. The property presents a straightforward rental proposition with potential for rent growth, but be prepared for area-related management considerations and the extra purchase fee.
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