1 bedroom apartment for sale

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1 bedroom apartment for sale

Stockton Road, Sunderland, SR2
£29,500

Our Summary

  • For sale by Traditional Online Auction – T&C's apply
  • This is great turnkey investment opportunity with income from Day 1
  • The property provides a high yield investment opportunity in a city that is experience significant development and growth
  • For Sale via Good Property Auctions via Online Auction powered by Bamboo Auctions
  • The auction will be exclusively available online via our website including the legal pack information
  • Tradtional online auction

Description

This property is a secure complex located on the outskirts of the city centre, offering easy access to local amenities, nightlife, and transport links. The property has a 100% occupancy rate history and has been fully let through academic year 2025/26, providing a turnkey investment opportunity with income from day one. The property yields a gross annual income of £6,760, with a service charge rate of £2,880, providing a net annual income of £3,880. The property features a concierge reception, communal lounge and TV area, communal kitchen, dining, and living area, and en-suite rooms with double beds, wardrobes, and computer desks. The property is being sold via an online auction and is a great opportunity for investors looking for a high-yield investment in a city experiencing significant development and growth.