>
2 bedroom apartment for sale
Parsons Road, Washington
£112,000
Parsons Road, Washington
£112,000
Price History
Initial price | £116,000 |
08/08/25 | £112,000 |
Price Change | -3.45% |
Description
Parsons House offers a rare opportunity to acquire a portfolio of 40 fully-fitted, income-generating apartments in Washington, Sunderland, a town undergoing rapid regeneration. The properties are currently tenanted, providing immediate rental income, and are available below market value, offering built-in equity and strong capital growth prospects. The apartments are well-positioned near major employers, including Nissan, Amazon, and Rolls-Royce, ensuring strong rental demand from professionals. With a chronic undersupply of high-quality rental accommodation in the region, Parsons House presents a strategic foothold in one of the North East's most promising property markets, making it an ideal high-yield investment opportunity for landlords and portfolio builders.