High Street West, Sunderland SR1 1 bed flat for sale

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High Street West, Sunderland SR1 1 bed flat for sale

High Street West, Sunderland SR1
£55,000

Price History

Initial price £64,000
26/06/24 £66,000
10/07/24 £95,000
22/07/24 £93,000
03/08/24 £89,000
10/08/24 £87,000
17/08/24 £95,000
08/09/24 £91,000
29/09/24 £87,000
06/10/24 £70,000
09/10/24 £68,000
15/10/24 £66,000
22/10/24 £64,000
29/10/24 £70,000
05/11/24 £68,000
12/11/24 £65,000
19/11/24 £63,000
26/11/24 £59,000
03/12/24 £65,000
10/12/24 £63,000
18/12/24 £61,000
31/12/24 £59,000
07/01/25 £65,000
14/01/25 £63,000
29/01/25 £61,000
25/02/25 £59,000
11/03/25 £65,000
18/03/25 £63,000
25/03/25 £61,000
02/04/25 £59,000
08/04/25 £57,000
16/04/25 £55,000
Price Change -14.06%

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 an open plan lounge, kitchen, and three-piece bathroom. Currently, it produces an annual gross income of £6,600, which could be increased to a market rate of £7,200 with long-term tenants already in situ. The tenants have been consistently paying rent for several years and have no plans to move out, making for a stable and lucrative investment. With a competitive purchase price, this property has the potential to be a worthwhile addition to any investor's portfolio.