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1 bedroom flat for sale
High Street West, Sunderland, Tyne And Wear, SR1
£61,000
High Street West, Sunderland, Tyne And Wear, SR1
£61,000
Price History
Initial price | £80,000 |
06/01/24 | £78,000 |
23/01/24 | £76,000 |
30/01/24 | £74,000 |
06/02/24 | £72,000 |
13/02/24 | £80,000 |
20/02/24 | £78,000 |
27/02/24 | £76,000 |
02/03/24 | £81,000 |
12/03/24 | £75,000 |
09/04/24 | £72,000 |
16/04/24 | £70,000 |
24/04/24 | £68,000 |
30/04/24 | £66,000 |
07/05/24 | £72,000 |
14/05/24 | £70,000 |
23/05/24 | £68,000 |
30/05/24 | £66,000 |
05/06/24 | £64,000 |
13/06/24 | £70,000 |
18/06/24 | £68,000 |
26/06/24 | £66,000 |
10/07/24 | £95,000 |
22/07/24 | £93,000 |
03/08/24 | £89,000 |
10/08/24 | £87,000 |
17/08/24 | £95,000 |
25/08/24 | £93,000 |
07/09/24 | £91,000 |
11/09/24 | £89,000 |
25/09/24 | £87,000 |
02/10/24 | £70,000 |
08/10/24 | £68,000 |
15/10/24 | £66,000 |
22/10/24 | £64,000 |
29/10/24 | £70,000 |
05/11/24 | £68,000 |
12/11/24 | £65,000 |
18/11/24 | £63,000 |
26/11/24 | £59,000 |
03/12/24 | £65,000 |
10/12/24 | £63,000 |
18/12/24 | £61,000 |
31/12/24 | £59,000 |
07/01/25 | £65,000 |
17/01/25 | £63,000 |
29/01/25 | £61,000 |
Price Change | -23.75% |
Description
This 1-bedroom flat in Sunderland is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features an open plan lounge, kitchen, and three-piece bathroom. Currently, it produces an annual gross income of £6,600, which could be increased to £7,200 with the new owner negotiating a market-rate rent with the long-term tenants who are already situated in the property. The tenants have been consistently paying their rent for several years and have no intention of moving out, making this a stable and reliable investment option. With its close proximity to amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.