* Freehold
* Sold As Seen
* Close To Local Amenities
* Great Bus Routes and Transport Links
* Close To Sunderland Royal Hospital
* Superb Location
* Investment Opportunity
Ready made investment opportunity. The subject property is a 2 bedroom
terraced family home, Currently let out at £425 pcm, an ideal investment. Sold
as seen.
The property is located in a popular residential location being only a few
minutes walk to Pallion High Street and its excellent choice of everyday
amenities, Sunderland Royal Hospital, as well as allowing for easy access to
Sunderland city centre and the A19 regional road network.
Sunderland - Whats going on
Sunderland's house prices are lower compared to other northern UK buy - to - let
areas, but the increased rental demand offers higher yields for investors. The
major private and council lead developments in the inner city area also signal
potential for significant capital appreciation in the near future. These
developments include; City Hall, Train Station Auditorium, several office
blocks, hotels, 10, 000 seater multi purpose arena, dockland movie studio by
the Fulwell 73 Group, and many more smaller private developments.
Sunderland is viewed as a "sleeping giant" with the potential for both high
short - term yields and long - term capital growth for investors who purchase
properties now.
According to Land Registry, the average house price in the city was £137, 419
in December, outperforming the North East's 1. 5% decrease in prices (average
of £147, 000) and surpassing the national average rise of 0. 8%. In the past
year, the average sale price of properties in Sunderland rose by £16, 000.

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