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2 bedroom apartment for sale
Parsons Road, Washington
£114,500
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.