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
18/11/24 £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
17/01/25 £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
08/04/25 £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 1 bedroom. Currently, it generates an annual gross income of £7,800, which could be increased to a market rate of £8,400 with long-term tenants already in place. The tenants have been consistently paying their rent for several years and have no intention of moving out, making for a smooth transition for the new owner. With a worthwhile addition to an investor's portfolio, this property is a great find, and Let Property is committed to facilitating a seamless transaction process between buyer and seller.