1 bedroom flat for sale

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1 bedroom flat for sale

Ryhope Road, Sunderland, SR2
£40,000

Price History

Initial price £50,000
15/10/25 £40,000
Price Change -20.00%

Description

This 1-bedroom flat in Sunderland is an attractive investment opportunity, offering a strong potential for rental returns and a tenant already in residence. The property features one bedroom, a lounge, dining area, kitchen, and three-piece bathroom, as well as communal private parking. Currently generating an annual gross income of £6,000, the property has the potential to increase in value over time, making it a worthwhile addition to an investor's portfolio. The existing tenants have been paying their rent on time for several years and wish to continue their tenancy, ensuring a smooth transition for the buyer. With its convenient location and strong rental potential, this property is an excellent choice for investors looking to expand their portfolio.