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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 |
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 |
Price Change | -13.33% |
Description
This 1-bedroom flat in Sunderland is a great 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 produces 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 stable and reliable investment. With a competitive purchase price, this property has the potential to be a worthwhile addition to an investor's portfolio, and the Let Property Pack provides further details on its investment potential.