Immediate rental income and refurbishment potential — sold at auction, non-standard construction..
Sitting tenants paying £725 PCM — immediate rental income
Non-standard (system-built) construction — may limit mortgage options
For sale by online auction — additional buyer fees apply
Freehold property with mains gas central heating and double glazing
Small front and rear gardens; private driveway for off-street parking
Located near A19 and Sunderland city centre — good transport links
Area classified as deprived with higher local crime rates
Approximately 872 sq ft, three bedrooms, one bathroom
A three-bedroom semi-detached house in New Silksworth offered for sale by online auction with sitting tenants at £725 PCM. Priced at £65,000, it presents immediate rental income and scope for capital growth for investors prepared to manage a tenant and potential refurbishment. The property is freehold, with double glazing installed post-2002 and mains gas central heating already in place.
Buyers should note the home is of non-standard (system-built) construction with internal insulation — this affects mortgage availability and may require specialist surveys or lenders. The area is classified as deprived and records higher local crime rates; these factors influence tenant demand and long-term values. The sale is via auction and additional buyer fees apply.
Externally there is off-street parking via a private driveway and small front and rear gardens, useful for tenants or modest family use. Internally the layout provides living and dining rooms, a kitchen, three bedrooms and one bathroom across roughly 872 sq ft — a conventional, easy-to-let arrangement. Its position close to the A19 and Sunderland city centre aids commuting and accessibility.
Suited primarily to investors or experienced buy-to-let landlords, the house offers a ready income stream and refurbishment potential. Any buyer should commission a full structural/survey report and confirm mortgage options for non-standard construction before bidding at auction.
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