Affordable buy-to-let or starter home with strong rental demand and uplift potential.
- Vacant 2-bed first-floor flat, offered at £35,000
- Assessed rent c. £450pcm; anticipated 15%+ yield
- Leasehold with c.100 years remaining
- EPC D; mains gas boiler and radiators
- Double glazing fitted before 2002
- Area classed very deprived; crime levels high
- Basic, dated internal finishes — scope for refurbishment
- Walls assumed cavity with no added insulation
A compact two-bedroom first-floor flat offered with vacant possession and strong rental potential. At £35,000 and with an assessed rent of about £450pcm, the property yields an anticipated 15%+ for investors and represents a low-cost entry for owner-occupiers. The flat has double glazing, mains gas central heating and a 100-year lease remaining.
The accommodation is neutrally presented but dated in places — kitchen and decorative finishes are basic and suitable for light modernisation. EPC rating D and assumed cavity walls without added insulation suggest energy improvements could reduce running costs and increase resale or rental appeal.
Location strengths include easy access to Sunderland city transport links, local amenities and strong tenant demand in the area. Be candid about context: the neighbourhood is classified as very deprived with higher-than-average crime, so buyers should factor local area risks into management, insurance and lettings plans.
Suitability: this is best for cash buyers, buy-to-let investors seeking high yields, or purchasers looking for an affordable starter home who are prepared to update finishes. Leasehold tenure and the property’s area characteristics mean due diligence on lettings, insurance and long-term plans is advised.
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