Welcome to Burnway. This property is a well-presented two-bedroom, one-bathroom upper flat on Burnway, Washington, NE37. Keep reading to find out what makes this property unique!
Rent From Day 1- Tenant in Situ with 10% Yield:
This property comes with a fantastic investment opportunity as it currently has a tenant in situ. 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. Its convenient position ensures the property will always attract tenants.
No Chain:
The property is offered for sale with no onward chain, streamlining the buying process and allowing for a smooth and hassle-free transaction. Buyers can proceed with confidence, knowing that there are no delays or complications associated with a chain.
As you walk upstairs you are greeted by a spacious living room that includes a built-in fireplace which becomes a lovely focal point for the room. The built-in kitchen also features in-built appliances such as an oven, hob, and an extractor fan.
There are 2 bedrooms, both generous-sized doubles with fitted storage. You also have a fitted bathroom which includes a bath with a detachable overhead shower.
Externally, you have a communal green space with a walkway to the front of the property, as well as on-street parking and a separate single garage.
This house is located near many local amenities such as the Galleries Shopping Centre, schools, shops, takeaways, other everyday necessities, and it is only a 12-minute drive to the nearest metro station.
Early viewing is highly recommended.
Council Tax Band: A (Sunderland City Council) Tenure: Leasehold (90 years) Ground Rent: £500 per year
Stamp duty due
Based on a sale price of £69,995 the total amount of stamp duty payable will be:
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Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.