Offers over £65,000

2 bed semi-detached house for sale in Mordey Close, Sunderland (ref: RS0439)

Shortlist

Key features

  • Investment Opportunity
  • Tenant In Situ
  • Rent from Day 1
  • EPC Rating C
  • Close to Sunderland City Centre
  • Ample Transport Links
  • No Chain
A fantastic opportunity to acquire this two-bedroom semi-detached house in Mordey Close, currently tenanted and generating immediate rental income, making it an ideal purchase for investors looking for a ready-made investment opportunity.

Investment Opportunity- Tenant In Situ:

The property is currently tenanted and achieving £555 PCM, offering an approximate 10% gross yield at the asking price. With a tenant already in place, this allows for immediate rental income from day one with no initial void periods

Convenient Sunderland Location:

Situated in a popular Sunderland location, the property benefits from excellent access to local amenities and transport links. Sunderland City Centre and Sunderland Train Station are approximately a 15-minute walk away, while Park Lane Metro Station can be reached within around 6 minutes by car. Mowbray Park is also within walking distance, alongside The Bridges Shopping Centre, making the property well-positioned for tenants and commuters alike..

EPC Rating C:

Benefitting from an EPC Rating C, the property offers improved energy efficiency and additional appeal for long-term tenants and investors.

Upon entering the property, you are welcomed into a bright living room featuring laminate wood flooring and a fireplace creating a focal point to the room. Leading through, you will find a corner kitchen fitted with white cabinets, black worktops, and additional over-cabinet storage space. The kitchen also provides access out into the enclosed rear yard.

To the first floor, the property comprises two bedrooms, including one double bedroom and one single bedroom, both carpeted throughout. The bathroom is fitted with a bath, offering practicality for everyday use.

Externally, the property benefits from a single parking space to the front alongside additional on-street parking availability.

The property is well positioned for commuters, with convenient access to major road networks including the A690 and A19, providing straightforward travel routes across Sunderland, Durham, Newcastle, and surrounding areas.

Council Tax Band: A (Sunderland Council)
Tenure: Freehold
Parking options: Driveway
Garden details: Rear Garden
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains


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Stamp duty due

Based on a sale price of £65,000 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

  • New Listing: launched in the last 10 days
  • Status: Available
  • Council tax band: A
  • Tenure: Freehold
  • Parking spaces: Driveway
  • Outside spaces: Rear Garden
  • Reference: 721006

Location

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