Summary - 3 THE LEAZES SUNDERLAND SR1 3SW
3 bed 1 bath Terraced
Let and income-producing with driveway, garden and sunroom near university.
Three bedrooms in a compact mid-terrace, approximately 729 sq ft
A compact three-bedroom mid-terrace offered freehold, currently let and producing £9,000 per year (£750 pcm), presenting an immediate income stream and a gross yield of 8.18% at the asking price of £90,000. Located in Millfield close to Sunderland University and the city centre, the house benefits from off-street parking, a rear garden and a bright sunroom.
The layout includes a porch, lounge, kitchen/diner, sunroom, three upstairs bedrooms and one bathroom across approximately 729 sq ft. Gas central heating, double glazing and an EPC rating of C75 are practical positives. Ultrafast broadband and excellent mobile coverage support modern renting or working from home.
Buyers should note material factors: the property lies in a very deprived area with a high local crime rate, and the overall plot and internal space are small. It is currently tenanted (sold with tenancy) and there is a public notice advising an offer has already been made. The home dates from the 1983–1990 period and may benefit from some updating or cosmetic refurbishment to maximise capital growth and rental value.
This is most suited to investors seeking an immediate let property near the university or to first-time buyers willing to live in a compact urban home while improving it. Council Tax Band B and freehold tenure reduce running costs and provide straightforward ownership.
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