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30 Bonners Raff, Chandlers Road... 1 bed apartment for sale
30 Bonners Raff, Chandlers Road, Sunderland, Tyne and Wear SR6 0AD
£30,000
30 Bonners Raff, Chandlers Road, Sunderland, Tyne and Wear SR6 0AD
£30,000
Our Summary
- Auction Date Commencing on Monday 15th September at 1pm and ending 24 hours later on Tuesday 16th September at 1pm with Auction House North EastPlease register to bid via our website - auctionhouse
- An excellent investment opportunity – this well-presented one-bedroom apartment is offered for sale with a longstanding tenant in situ, currently paying £525 per calendar month (£6,300 per annum), with scope for future rental uplift
- Key Features:-One double bedroom-Spacious living/dining room with fitted kitchen-Modern bathroom-Secure entry system-Allocated parking-Sold with tenant in situ – immediate rental income of £525pcm-Potential to increase rental yield with market reviewLocation:Situated on Chandlers Road, the property is within easy reach of Sunderland city centre, transport links, and the coastline
- This is a rare opportunity to acquire a turnkey rental property in a popular area, generating income from day one with further potential for growth
Description
This one-bedroom apartment is being sold as an investment opportunity with a tenant in situ, paying £525 per month, offering immediate rental income. The property is located in the sought-after Bonners Raff development, close to Sunderland Marina and Roker Beach, and features modern accommodation, a secure entry system, and allocated parking. The apartment is available with a leasehold tenure and has an EPC rating of B, although the rating has expired. The buyer will be required to pay an administration fee of £3600 inc VAT on exchange of contracts, and may also be liable for disbursements listed in the legal pack. This is a rare opportunity to acquire a turnkey rental property in a popular area, generating income from day one with further potential for growth.