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
£55,000

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
Price Change -21.43%

Description

This 1-bedroom flat in Sunderland is an attractive investment opportunity, offering a current annual gross income of £6,000 and potential to increase to £7,200 with long-term tenants already in place. The property is well-maintained and features a comfortable living space with 1 bedroom, lounge, kitchen, and bathroom. With a tenant currently situated, the new owner can benefit from a hassle-free investment, and the current rent can be increased to a market rate. The property's investment potential is highlighted in the Let Property Pack, and the seller is committed to facilitating a smooth transaction process.