Summary - 6 GARFIELD STREET SUNDERLAND SR4 6NL
2 bed 1 bath Terraced
Immediate rental income with clear upside to market rent and strong gross yields.
Freehold mid-terrace with long-term tenant in situ
A compact two-bedroom mid-terrace offered freehold with a long-term tenant in place — a straightforward buy-to-let for investors seeking immediate income. The property produces a current gross rental income of £5,520 (approximately 9.5% gross yield at the asking price of £58,000) with an estimated market rent raising income to £7,668 (about 13.2% gross yield). Tenants intend to remain, providing continuity of cashflow.
Internally the house offers a spacious lounge and a modern kitchen, with standard-height ceilings and medium-sized rooms across roughly 667 sq ft. The property presents as generally well-kept but shows signs typical of older terraces; limited plot size and compact room proportions mean it suits rental investment or a small-family home rather than buyers seeking large living spaces.
Location factors are mixed: excellent mobile signal and fast broadband support rental demand, and local primary and secondary schools rated Good are within reach. However, the area is in a very deprived ward with average crime levels and a local classification of challenged communities — factors investors should weigh when setting rent and budgeting for voids or management costs.
Practical points: the sale includes a Buyers Premium to secure purchase, and a Let Property Pack is available for detailed tenancy and financial information. The property offers strong near-term rental returns but limited scope for garden/extension works due to the small plot and terraced layout.
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