1 bedroom flat for sale

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1 bedroom flat for sale

Borough Road, Sunderland SR1
£65,000

Price History

Initial price £75,000
16/11/24 £65,000
Price Change -13.33%

Description

This 1-bedroom flat in Sunderland is a great investment opportunity, with a current annual gross income of £7,800 and potential to increase to £8,400 with a new owner. The property is well-maintained, featuring one bedroom, a modern kitchen, and a spacious lounge. The current tenants, who have lived there for several years, have a long-term lease and have consistently paid their rent on time, making it a stable and reliable investment. With its proximity to amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.