£20,000
Est. Mortgage £92 per month*

1 bedroom flat for sale

Sunderland, Tyne and Wear SR6 0AD
flat flat
bedroom 1 bedroom

Property description

Auction Date Commencing on Monday 06th October at 1pm and ending 24 hours later on Tuesday 07th October at 1pm with Auction House North East



Please register to bid via our website - auctionhouse.co.uk/northeastInvestor Opportunity – 1-Bed Apartment with Tenant in Situ (£525pcm) in Sought-After Marina Location.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.



The apartment is set within the sought-after Bonners Raff development, close to Sunderland Marina and Roker Beach, offering modern accommodation in a desirable location.





-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 review



Location:

Situated on Chandlers Road, the property is within easy reach of Sunderland city centre, transport links, and the coastline. Its location ensures continued strong rental demand, making it an attractive buy-to-let investment.



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.Tenure: LeaseholdEPC Rating: B - EXPIREDAdministration Fee: £3600 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Interested in this property?

Check Your Credit Report & Score

Property photos

Council tax

Ask agent

First listed

Over a month ago

Sunderland, Tyne and Wear SR6 0AD

Marketed by

Auction House - North East 15 Beach Road South Shields, Tyne & Wear NE33 2QA
Call agent on 020 8115 2054
Contact agent
View all property for sale in Sunderland

Sunderland, Tyne and Wear SR6 0AD - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Auction House - North East. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House - North East for full details and further information.