Guide Price £50,000

1 bed flat for sale in Shaftoe Road, Sunderland (ref: RS0342)

Shortlist

Key features

  • Enclosed Rear Garden
  • Fireplace
  • Great Investment
  • Great Location
  • Investment Opportunity
  • No Chain
  • On-Street Parking
  • Rent from Day 1
  • Tenant In Situ
Welcome to Shaftoe Road. This property is a one-bedroom, one-bathroom upper flat on Shaftoe Road. Keep reading to find out what makes this property unique!

Great Investment- Tenant in Situ:

This property comes with a fantastic investment opportunity as it currently has a tenant in situ generating a 10% rental yield. Whether you're an experienced investor or looking to start your property investment journey, having a reliable tenant already in place provides immediate rental income and reduces any initial void periods.


Popular Location:

This property enjoys a prime location with easy access to essential amenities as well as being only a 6-minute drive from the nearest metro station, South Hylton. This property is also only an 8-minute drive from the Bridges Car Park. Its convenient position ensures the property will always attract and retain tenants.


Enclosed Garden:

Outdoor space is a desirable feature for tenants and results in longer tenancies. This is key when looking for a good investment deal.


As you head upstairs, you are greeted by a warm living room that features a built-in fireplace. There is also a kitchen with integrated appliances including an oven, hob and extractor fan. As you continue through the property, there is one spacious double bedroom. You also have one family bathroom, complete with a bath.

Externally you have on-street parking to the front of the property. The front garden is owned by the ground floor flat, and the enclosed private garden to the rear of the house, is associated with the upstairs flat.

This house is located near many local amenities such as a hospital, schools, shops, takeaways, and other everyday necessities.


Early viewing is highly recommended.


Council Tax Band: A (Sunderland City Council)
Tenure: Leasehold (125 years)
Ground Rent: £10 per year
Service Charge: £0 per year
125 Years from 26/09/2005 - 106 Years Left

Stamp duty due

Based on a sale price of £50,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

7 Property images

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Further details

  • Status: Available
  • Council tax band: A
  • Tenure: Leasehold
  • Reference: 617563

Location

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