>
Studio flat for sale
Parsons Road, Washington
£79,500
Parsons Road, Washington
£79,500
Price History
| Initial price | £98,800 |
| 08/08/25 | £80,500 |
| 23/10/25 | £79,500 |
| Price Change | -19.53% |
Description
Parsons House presents a rare opportunity to acquire a high-yield buy-to-let property in Washington, Sunderland, with 40 completed and tenanted apartments producing immediate rental income. The area is undergoing rapid regeneration, with major employers such as Nissan, Amazon, and Rolls-Royce, ensuring strong rental demand from professionals. The modern, fully-fitted apartments are available below market value, providing investors with built-in equity and strong capital growth prospects. This is an ideal investment for landlords and portfolio builders, offering a strategic foothold in one of the North East's most promising property markets.