£45,000
2 bedroom flat for sale
Tyne and Wear, SR3 3HN
flat 
2 bedrooms Property description
Nestled within the always sought-after Farringdon area of Sunderland, this spacious second-floor flat presents a compelling opportunity for both new and seasoned property investors. Pattinson estate agents are delighted to offer this two-bedroom residence to the market, boasting a ready-made investment with a tenant already in place.
Property Overview
The flat is currently achieving a rental income of £500 per calendar month, amounting to £6,000 per annum, making it a solid option for buyers searching for attractive yields and immediate returns. Offered with a tenant in situ, purchasers benefit from the convenience of uninterrupted income from the moment of acquisition.
Location Benefits
Ideally positioned for access to a wide range of local amenities, the property enjoys proximity to shopping centres and highly regarded educational facilities. The Farringdon location further enhances its appeal, offering ease of access to Sunderland City centre and excellent connectivity throughout the North East via robust road and public transport links. Notably, major employers such as Doxford International and Nissan are conveniently close, increasing tenant demand and investment security.
Accommodation Details
The property briefly comprises:
•Secure entry system leading to a well-maintained communal hallway
•Private staircase ascending to the second floor
•Inviting hallway offering seamless access to all rooms
•Living room – spacious and comfortable, ideal for relaxing and entertaining
•Kitchen – practical layout with ample storage and workspace
•Two generously proportioned bedrooms – suitable for singles, couples, or small families
•Family bathroom – conveniently located and well-appointed
External Features
Residents benefit from private grounds and attractive communal gardens, providing peaceful outdoor spaces to relax and enjoy.
Investment Potential
This property represents an excellent opportunity for both first-time and established investors. With a tenant in place and robust rental returns, the flat is likely to prove popular in the current market. Early viewing is highly recommended to avoid disappointment.
Contact Information
To arrange a viewing or for further details, please contact our dedicated Sunderland team
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 61
Property Overview
The flat is currently achieving a rental income of £500 per calendar month, amounting to £6,000 per annum, making it a solid option for buyers searching for attractive yields and immediate returns. Offered with a tenant in situ, purchasers benefit from the convenience of uninterrupted income from the moment of acquisition.
Location Benefits
Ideally positioned for access to a wide range of local amenities, the property enjoys proximity to shopping centres and highly regarded educational facilities. The Farringdon location further enhances its appeal, offering ease of access to Sunderland City centre and excellent connectivity throughout the North East via robust road and public transport links. Notably, major employers such as Doxford International and Nissan are conveniently close, increasing tenant demand and investment security.
Accommodation Details
The property briefly comprises:
•Secure entry system leading to a well-maintained communal hallway
•Private staircase ascending to the second floor
•Inviting hallway offering seamless access to all rooms
•Living room – spacious and comfortable, ideal for relaxing and entertaining
•Kitchen – practical layout with ample storage and workspace
•Two generously proportioned bedrooms – suitable for singles, couples, or small families
•Family bathroom – conveniently located and well-appointed
External Features
Residents benefit from private grounds and attractive communal gardens, providing peaceful outdoor spaces to relax and enjoy.
Investment Potential
This property represents an excellent opportunity for both first-time and established investors. With a tenant in place and robust rental returns, the flat is likely to prove popular in the current market. Early viewing is highly recommended to avoid disappointment.
Contact Information
To arrange a viewing or for further details, please contact our dedicated Sunderland team
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 61
Property photos
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First listed
2 weeks agoTyne and Wear, SR3 3HN
Marketed by
Pattinson - Sunderland 51 Fawcett Street Sunderland SR1 1RSCall agent on 0191 686 1657
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Monthly repayment
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.
Tyne and Wear, SR3 3HN - Streetview
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