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
£54,000

Price History

Initial price £75,000
16/11/24 £65,000
24/11/24 £63,000
29/11/24 £61,000
14/12/24 £59,000
20/12/24 £65,000
02/01/25 £63,000
10/01/25 £61,000
16/01/25 £59,000
30/01/25 £65,000
27/02/25 £60,000
13/03/25 £58,000
20/03/25 £56,000
27/03/25 £54,000
03/04/25 £58,000
09/04/25 £56,000
19/04/25 £54,000
Price Change -28.00%

Description

This 1-bedroom flat in Sunderland is a fantastic investment opportunity, offering a current annual gross income of £7,800 and potential to increase to £8,400 with long-term tenants already in place. The property is well-maintained, featuring one bedroom, a modern kitchen, and a spacious lounge. With a tenant currently situated, the new owner can benefit from a hassle-free transition and potentially increase the rental income. The current tenants have a good track record of paying rent on time and have no plans to move out, making this a stable and lucrative investment for investors looking to expand their portfolio.