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
Price Change	-24.29%

This 1-bedroom flat in Sunderland is an attractive investment opportunity, generating a current annual gross income of £6,000 and offering potential for increased returns to £7,200 with a long-term tenant already in place. The property is well-maintained and features a bedroom, lounge, kitchen, and bathroom. With a tenant who has been in the property for several years and has consistently paid rent, the new owner can expect a smooth transition and minimal vacancy time. The property's investment potential is further highlighted by its proximity to amenities and the possibility of increasing the rent to market rate, making it a worthwhile addition to any property portfolio.