COMPLETED & INCOME PRODUCING | HIGH-YIELD BUY-TO-LET OPPORTUNITYParsons House offers a rare opportunity to acquire ready-built, income-generating apartments in the fast-growing town of Washington, Sunderland. With units currently tenanted and producing immediate rental income, this is an ideal high-yield investment for landlords and portfolio builders.Set in an area undergoing rapid regeneration, Parsons House is well-positioned near major employers including Nissan (UK's largest automotive plant), Amazon, Rolls-Royce, ASDA, and BAE Systems-ensuring strong rental demand from professionals.Each of the 40 apartments has been completed to a high specification with modern fixtures and fittings, appealing to quality tenants. Properties are available below market value, providing investors with built-in equity and strong capital growth prospects.With a chronic undersupply of high-quality rental accommodation in the region, Parsons House is not just another buy-to-let's a strategic foothold in one of the North East's most promising property markets.Key Highlights:- COMPLETED & TENANTED UNITS- IMMEDIATE RENTAL INCOME- HIGH YIELDS & BELOW MARKET VALUE- MODERN, FULLY FITTED APARTMENTS- STRONG TENANT DEMAND - Close to Nissan, Amazon, ASDA, and more- IDEAL FOR PORTFOLIO INVESTORS
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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