Initial price	£98,800
08/08/25	£80,500
23/10/25	£79,500
30/12/25	£77,500
Price Change	-21.56%

Parsons House presents a rare opportunity to acquire ready-built, income-generating apartments in Washington, Sunderland, a town undergoing rapid regeneration. The property is currently tenanted, producing immediate rental income, making it an ideal high-yield investment for landlords and portfolio builders. The 40 apartments have been completed to a high specification with modern fixtures and fittings, appealing to quality tenants. With a chronic undersupply of high-quality rental accommodation in the region, Parsons House is poised to benefit from strong rental demand from professionals working for major employers such as Nissan, Amazon, Rolls-Royce, ASDA, and BAE Systems. The property is available below market value, providing investors with built-in equity and strong capital growth prospects, making it an attractive option for cash investors looking to expand their portfolio.