Studio flat for sale

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Studio flat for sale

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.