£139,500
Ridley Street, Sunderland
- 2 beds
£139,500
- 2 beds
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Buy with a mortgage
Estimate monthly mortgage payment:
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
Share
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Pure Investor are pleased to present this amazing investment opportunity in Sunderland consisting of a 1-bedroom ground floor and 2 bedroom first floor apartment. The apartments include a parking space each via a electric roller shutter to the rear. The apartments are both currently tenanted returning £1,150 overall with both tenants being on periodic contracts. The property was fully converted from single 4 bed hours to two apartments in 2008. Full back to brick refurb, split utilities, and services, with everything being new. In 2020 there was a new roof, fascia, soffits and windows.
INVESTMENT INFORMATION
- Address: 3 Ridley Street, Sunderland SR52JN
- Asking price: £139,500
- Current rental income: £1,150pcm (£13,800 per annum)
- Yield: 10%
- Number of bedrooms: 3
- Number of bathrooms: 2
- Tenure: Freehold
- Sqft: 1,400
- Apartment 1 & 2 on periodic contracts
- Currently managed by local agency who do everything as landlord has a hands off approach as not local
Payment Plan
1. Reserve your unit with a signed reservation form
2. Provide certified ID, proof of address and proof of funds to Pure Investor
3. Pay a £2,500 non-refundable sourcing fee. 50% upfront and the remaining balance on completion.
4. Remaining balance due on completion
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
Do you have property to sell or part exchange?
How can we help you today?
Find out what your
home is worth
Check instantly an estimated value of your homeFind the best
local agent
Compare local estate agents based on their performanceGet an Instant
cash offer
Get a cash offer for your property in under 48 hours
Area highlights
We’ve gathered data on the property locations to help you get-to-know the local area.
Things you should know
Some useful things about this property we think you should know
Create OneDome account
for a smooth and fast property purchase
- Get a step by step guide on how to purchase or sell a property
- Get an expert mortgage and legal help
- Find the best local agent to sell your property or get an instant cash offer
- Manage property viewings, valuations and alerts
- Get access to off-market properties Create account
Be the first to see the newest properties
Create an alert and we'll email you the latest properties that come to market which match your requirements.