3 bed terraced bungalow for sale

Reginald Street, Sunderland SR4

This well-presented 3-bedroom terraced bungalow offers an excellent opportunity for buy-to-let investors, with tenants already in situ and a current rental income of £450 per calendar month, resulting in a gross yield of 7.71% per annum. The property is freehold and sits within Council Tax Band A, making it an appealing proposition for those seeking value and long-term investment potential. Boasting a generous 908 square feet of living space, the bungalow comprises two spacious double bedrooms, two versatile reception rooms, and a practical layout ideal for a range of tenant requirements. The EPC rating is currently E, with the potential to improve to a B, offering scope for future energy efficiency enhancements. The property is priced to sell, providing a rare opportunity to acquire a well-sized bungalow in a popular area with immediate rental returns.

Externally, the property features a private rear yard, which offers potential for off-road parking (subject to any necessary consents), adding further appeal for tenants seeking convenience and security. To the front, there is unallocated on-street parking, ensuring easy access for residents and visitors. The outside space is low maintenance, making it ideal for tenants who prefer minimal upkeep, while still providing an area to enjoy outdoor relaxation or additional storage. This property is well positioned for local amenities, public transport links, and access to surrounding areas, making it a practical choice for tenants and a sound investment for landlords. Early viewing is highly recommended to appreciate the size, location, and investment potential on offer.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2: These particulars do not constitute part or all of an offer or contract.

3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4: Potential buyers are advised to recheck the measurements before committing to any expense.

5: Mp has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

EPC Rating: E EPC Rating: E

Location

23 Reginald Street, Sunderland - SR4 6QJ

Reception Room (4.03m x 3.92m)

Lounge (5.13m x 4.38m)

Kitchen (1.75m x 3.71m)

Shower Room (1.75m x 2.44m)

Bedroom 1 (3.50m x 2.51m)

Parking - On Street

On-street parking in front of the property-Unallocated