2 bedroom apartment for sale

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2 bedroom apartment for sale

Park Hall, The Cloisters, SR2 7QB
£70,000

Our Summary

  • Tastefully decorated throughout, the flat requires no immediate work, contributing to its strong rental appeal

Description

This is a two-bedroom apartment in the sought-after Cloisters development in Sunderland, offering a hassle-free investment opportunity for buy-to-let investors. The property is currently tenanted and delivers a strong net yield of over 7%, making it an attractive addition to any portfolio. The apartment features a spacious and practical layout, with two double bedrooms, a modern bathroom, and a bright open-plan living and dining area. The property is located within a secure residential block, with allocated parking, and is close to Sunderland city centre, university campus, and transport links. With a reliable rental income and minimal management overhead, this is an excellent opportunity for investors looking for a hands-off investment with proven returns.