3 bed cottage for sale

Tower Street West, Sunderland SR2

Summary

*** Investment opportunity *** Strong immediate rental yield ***

Pattinson estate agent are pleased to offer to Auction, this three-bedroom terraced cottage located at Tower Street West, Sunderland, Tyne and Wear, SR2 8JY presents this ready-made addition to any property portfolio.
The property is being sold with a reliable tenant in situ who currently pays 770 per calendar month. This generates an immediate, consistent revenue stream from day one, completely bypassing the typical void periods, marketing expenses, and letting agent setup fees associated with finding a new tenant.

Positioned within the highly accessible SR2 postcode area, this traditional single-story cottage offers a practical and deceptively spacious layout that appeals heavily to long-term renters. The internal accommodation features three well-proportioned bedrooms, a comfortable central living room, a functional kitchen space, and a family bathroom. Externally, the property benefits from a private rear yard, providing essential outdoor space while keeping ongoing maintenance costs exceptionally low for the incoming landlord.

The location balances strong demand with urban convenience. Situated just moments away from local schools, parks, and essential everyday amenities, the property also boasts excellent transport connections. Residents enjoy effortless access to regular bus routes, major arterial roads, and local Metro stations, ensuring a straightforward commute into Sunderland City Centre and across the wider Tyne and Wear region.

Prospective buyers are urged to register their interest early to download the legal pack, arrange a viewing, or place a secure bid. Given the robust rental yield, highly desirable location, and the hassle-free nature of an ongoing tenancy, this cottage represents an incredibly secure and high-performing buy-to-let investment opportunity.

Please contact our Sunderland team for further details

Council Tax Band: A
Tenure: Freehold

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.