**Standout Features:**
- Strong yield of over 7% NET
- Two well-sized bedrooms
- Bright, open-plan living area
- Fully fitted kitchen with integrated appliances
- Allocated off-street parking
- Located in a sought-after development near city center and university
**Summary:**
Discover an exceptional investment opportunity with this well-presented two-bedroom apartment in the desirable Cloisters development, situated in Sunderland's SR2 postcode. Currently tenanted, this property guarantees a strong net yield exceeding 7%, making it an ideal addition for buy-to-let investors or those seeking a reliable rental income without the hassle of immediate renovation.
The apartment features a spacious, light-filled open-plan living and dining area along with two good-sized double bedrooms, perfect for attracting quality tenants. The contemporary kitchen comes fully equipped for ease of living. With allocated parking and secure residential settings, the property not only prioritizes comfort but also adds value in an urban context increasingly focused on convenience.
While the surrounding area faces some challenges, including a high crime rate and economic deprivation, its proximity to key amenities such as the city center, universities, and excellent transport links make it a prime target for rental demand. This chain-free opportunity is ready to generate income immediately, so act fast—properties like this don’t stay on the market for long. Additionally, the community's strong mobile signal and average broadband speeds ensure that modern living standards are met, making it attractive for both students and professionals. Don’t miss out on this proven investment!
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