Summary - Houghton Street, Millfield, Sunderland SR4 7DY
1 bed 1 bath Terraced
Ready-let investment with loft potential and scope to increase rent.
Very spacious one double bedroom mid-terrace, formerly two bedrooms
A very spacious one-bedroom mid-terrace that was formerly two bedrooms, presented in good decorative order and ready to occupy or let. The property currently meets rental compliance with gas and electrical certificates and returns an assessed rent of around £600pcm, offering attractive buy-to-let potential and an estimated yield near 10% at the asking price.
The house offers flexible scope to increase income: the loft was previously converted and still contains some plumbing and electrics, and the large open-plan lounge could be reconfigured to create an additional bedroom with relatively modest works (subject to checks and consents). There is off-street parking via a gated yard and a modern combi boiler; double glazing is installed though dates indicate older units.
Buyers should note material considerations: the property sits in a deprived area with average local crime statistics, walls are likely uninsulated solid brick, and the loft is part‑converted but currently not used and has no fixed access. Any purchaser wishing to convert the loft or re-subdivide rooms should allow for inspections, potential permissions, and some renovation costs to maximise rental or resale value.
This home suits investors seeking an immediate rental income or an owner-occupier wanting a well-presented central terrace with clear potential to add value through modest work. Fast broadband and excellent mobile signal, plus nearby transport and local amenities, support rental demand in this part of Sunderland.
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