Carlisle Terrace is a two-bedroom ground floor flat, currently tenanted at £555 PCM, offering a ready-made income-producing opportunity for investors.
Tenanted investment opportunity:
This flat is currently occupied by a tenant paying £555 PCM, providing an immediate rental income from completion with no void period to worry about. For investors looking to expand a portfolio without the delay of finding a new tenant, this is a straightforward, ready-to-go opportunity.
Excellent location close to Sunderland's key attractions:
Carlisle Terrace benefits from a great commuter and lifestyle location, just 6 minutes' drive from the Stadium of Light and 6 minutes from Seaburn Metro Station, with Sunderland City Centre reachable in around 9 minutes. Roker Beach is also just 13 minutes away, giving tenants easy access to the coast, shopping, transport links and match days alike.
EPC Rating C:
With an EPC rating of C, the property already meets current energy efficiency standards expected for rental properties, reducing the need for immediate upgrades and adding to its appeal as a low-maintenance investment.
Upon entering, you're welcomed into a reception room with a charming bay window to the front, leading through to a fitted kitchen with ample cupboard and worktop space.
The flat comprises two bedrooms, one a generous double with a bay window, and the second a comfortable single, both offering good proportions for tenant appeal.
The bathroom is fitted with a bath, wash basin and WC, finished with tiling throughout.
Externally, the property benefits from a yard to the rear, and on street parking.
Council Tax Band: A (Sunderland Council) Tenure: Leasehold (999 years) Ground Rent: £1 per year Peppercorn Ground Rent Parking options: On Street Garden details: Rear Garden Electricity supply: Mains Heating: Gas Mains Water supply: Mains Sewerage: Mains
Based on a sale price of £51,950 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 Autumn Budget on 30th October 2024 for April 1st 2025 onwards.