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Borough Road, Sunderland SR1 1 bed flat for sale
Borough Road, Sunderland SR1
£65,000
Borough Road, Sunderland SR1
£65,000
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 |
18/09/25 | £65,000 |
Price Change | -13.33% |
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 a modern kitchen, spacious lounge, and one bedroom. Currently, it generates an annual gross income of £7,800, which has the potential to increase to £8,400 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and have no plans to move out. With a purchase price that makes for a worthwhile addition to an investor's portfolio, this property offers a rewarding rental return and a smooth transaction process through Let Property.