Tenanted HMO in Sunderland

A great opportunity to purchase a tenanted HMO producing a healthy yield.

Originally a three bedroom terraced house, the property has been reconfigured and extended with a loft conversion to provide five lettable bedrooms arranged across the ground, first and second floors. Externally, the property benefits from a small front forecourt, enclosed rear yard and on street parking.

Financials:
▪ Purchase price: £130,000
▪ Annual profit: £8,712
▪ ROCE: 20%
▪ Yield: 10%

▪ Annual rent: £12,612

The property is well positioned for access to Sunderland city centre, local shops, amenities and transport links, making it a popular location for supported and professional accommodation. The surrounding area has a strong demand for rental housing and offers convenient access to local services, schools and commuter routes throughout the city and wider North East region.

Please contact for further information.