1 bedroom flat for sale

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1 bedroom flat for sale

High Street West, Sunderland, Tyne And Wear, SR1
£63,000

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
Price Change -21.25%

Description

This 1-bedroom flat in Sunderland is a lucrative investment opportunity, currently generating an annual gross income of £6,600 with a tenant already in situ. With the potential to increase the rent to a market rate of £7,200, this property offers a worthwhile addition to an investor's portfolio. The well-kept home features an open-plan lounge, kitchen, and three-piece bathroom, and is conveniently located near valuable amenities. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, providing a stable and predictable income stream.