Property Image
1/12
Floor Plans
SSTC

£60,000

2 Bedroom Cottage SSTC

Florence Crescent, Sunderland

Key Features

  • high demand rental area
  • opportunity to add value
  • realistically priced
  • council tax band - a
  • awaiting epc
  • council tax: a

Property Description

***INVESTMENT OPPORTUNITY***   This terraced cottage in Sunderland presents an excellent opportunity for those looking to capitalise on the strong rental market in the area. With a bit of renovation work, this property has the potential to generate impressive returns and add significant value to your investment portfolio.

The property has an interesting history, having been owned and lived in by 5 generations of the same family since it was built in the 1890s. It offers a solid foundation for improvement, it features two bedrooms, a central living room, galley-style kitchen, a rear lobby that could be transformed into a useful utility room, dining area, or home office. To the rear is a great family bathroom and externally there is a private rear yard accessed via patio doors from the rear lobby.

Some renovation work will be required to bring the property up to a good standard,  but doing so will deliver the potential for strong cashflow and yield. The rear lobby in particular presents opportunities for added value.

Situated in a sought-after rental area where demand outstrips supply, this house is sure to attract tenants once the necessary improvements have been made. Don't miss your chance to snap up this promising investment opportunity in Sunderland, and reap the rewards of a thriving rental market. 

LOCATION Southwick is an area of Sunderland located just north of the River Wear, it presents an attractive location for those looking to invest in rental properties due to the high demand for rental properties.

The area provides access to a range of major employers including Nissan as well as job opportunities in sectors such as automotive manufacturing, technology, and service industries. Well-regarded local schools make Southwick appealing to families, while a variety of shopping options cater to the needs of residents.

In terms of transport links, Southwick offers easy access to major roads and public transport, connecting residents to Sunderland city centre and surrounding areas. Additionally, the stunning coastline and city centre are just a short distance away. 
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