>
2 bedroom apartment for sale
Parsons Road, Washington
£112,500
Parsons Road, Washington
£112,500
Price History
| Initial price | £116,000 |
| 08/08/25 | £112,000 |
| 23/10/25 | £112,500 |
| Price Change | -3.02% |
Description
Parsons House is a rare opportunity to acquire ready-built, income-generating apartments in Washington, Sunderland, a town undergoing rapid regeneration. The 40 apartments are currently tenanted and producing immediate rental income, making it an ideal high-yield investment for landlords and portfolio builders. The properties are set in an area with strong demand from professionals, with major employers such as Nissan, Amazon, and Rolls-Royce nearby. Each apartment has been completed to a high specification with modern fixtures and fittings, appealing to quality tenants. With prices below market value, investors can expect built-in equity and strong capital growth prospects. This is not just another buy-to-let opportunity, but a strategic foothold in one of the North East's most promising property markets, offering a high-yield, income-producing investment with strong potential for growth.