Low-cost freehold with parking and immediate rental income potential.
Three bedrooms in a compact 807 ft² mid-terrace
A compact three-bedroom mid-terrace on Lumley Street offering straightforward, low-maintenance living and clear investor appeal. The property is freehold with off-street parking, a rear garden, and recent mechanical updates including a gas boiler installed in 2023 and up-to-date EICR and gas safety certificates.
Internally the home is modest in size (807 ft²) with contemporary finishes and double glazing; it suits a small family, professional sharers or a buy-to-let tenant profile. Council tax is low and broadband and mobile signals are strong, supporting tenants who work from home. The building dates from the early 20th century with filled cavity walls and a gas central heating system fed from mains gas.
Important practical points: the property sits in a deprived area with average crime figures and is in a neighbourhood classified by local data as privately rented new arrivals and young ethnic communities. EPC is currently D (potential C), so further energy improvements could be required to reach higher ratings. There is a current 12-month tenancy in place from February 2025 with professional tenants — a benefit for immediate income but a limit for buyers seeking vacant possession.
For investors this presents a low-entry, lettable asset in an affordable market with routine maintenance completed recently. For homeowners, the small plot and compact rooms suit those seeking a manageable, economical home close to Sunderland amenities, schools and transport links. Any buyer should budget for transaction costs and potential minor upgrades to improve EPC and long-term yield.
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