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
£33,000

Price History

Initial price £70,000
07/10/24 £68,000
12/10/24 £66,000
18/10/24 £64,000
26/10/24 £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
15/01/25 £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
09/04/25 £35,000
16/04/25 £33,000
Price Change -52.86%

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 comfortable layout with 1 bedroom, lounge, kitchen, and bathroom. Currently, it generates an annual gross income of £6,000, which has the potential to increase to £7,200 with a new owner. The property already has long-term tenants who have been consistently paying rent and have no intention of moving out, making it a low-risk investment. With its proximity to amenities and potential for increased rental income, this property is a worthwhile addition to any investor's portfolio.