Borough Road, Sunderland SR1 1 bed flat for sale

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Borough Road, Sunderland SR1 1 bed flat for sale

Borough Road, Sunderland, SR1
£35,000

Price History

Initial price £70,000
04/10/24 £68,000
11/10/24 £66,000
18/10/24 £64,000
25/10/24 £55,000
01/11/24 £53,000
08/11/24 £51,000
14/11/24 £55,000
20/11/24 £53,000
28/11/24 £51,000
05/12/24 £55,000
12/12/24 £53,000
19/12/24 £51,000
01/01/25 £55,000
09/01/25 £53,000
17/01/25 £51,000
30/01/25 £55,000
27/02/25 £48,000
12/03/25 £46,000
19/03/25 £44,000
26/03/25 £42,000
02/04/25 £45,000
08/04/25 £35,000
16/04/25 £33,000
30/05/25 £35,000
Price Change -50.00%

Description

This 1-bedroom flat in Sunderland is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £6,000. With a market rate potential of £7,200, the new owner can increase the rental income with long-term tenants already in place. The tenants have a good track record of paying their rent on time and have no intention of moving out, making it a stable and lucrative investment. With a Let Property Pack available for further details, this property is a worthwhile addition to any investor's portfolio.