2 bedroom apartment for sale

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2 bedroom apartment for sale

Parsons Road, Washington
£114,500

Price History

Initial price £116,000
08/08/25 £112,000
23/10/25 £112,500
30/12/25 £114,500
Price Change -1.29%

Description

Parsons House offers a unique opportunity to acquire 40 ready-built, income-generating apartments in Washington, Sunderland, a town undergoing rapid regeneration. The units are currently tenanted, providing immediate rental income, making it an ideal high-yield investment for landlords and portfolio builders. The apartments are situated near major employers, ensuring strong rental demand from professionals, and are available below market value, offering built-in equity and capital growth prospects. With a chronic undersupply of high-quality rental accommodation in the region, Parsons House is a strategic foothold in one of the North East's most promising property markets, providing a rare chance to capitalize on the area's growth potential.