2 bed flat for sale

40A Blind Lane, Sunderland, Tyne And Wear SR3

For sale by online auction on Tuesday, 24 Mar 2026 ending at 13:28

tenanted investment – immediate income with rental uplift potential

An excellent opportunity to acquire this two-bedroom ground floor flat sold with tenants in situ, generating immediate rental income from day one.

The property is currently let at £450 per calendar month, offering clear scope for an increase in line with current market levels, with comparable properties in the area achieving approximately £550 pcm.

Property Overview

Ground floor flat

Two bedrooms

Open plan living room/kitchen

Modern shower room

Gas central heating & double glazing

EPC Rating: D (66) – potential to improve to C (76)

Sold with tenants in situ

Accommodation

The property briefly comprises entrance hall with useful storage/utility area, open plan living room and fitted kitchen, two well-proportioned bedrooms, and a modern shower room/WC.

Externally, the property benefits from private access and a forecourt frontage.

Investment Details

Current Rent: £450 pcm (£5,400 per annum)

Potential Rent: Circa £550 pcm (£6,600 per annum)

Sold with tenants in situ

Established rental location with consistent demand

The current rent presents an opportunity for uplift in line with prevailing market rents, offering investors the potential to enhance yield.

Location

Situated within the popular Blind Lane area of Sunderland (SR3), the property is well placed for local amenities, transport links and access to Sunderland City Centre, supporting strong and consistent tenant demand.Tenure: LeaseholdEPC Rating: D

Portrait Video Tour
False

Additional Fees
Administration Charge - £5,000 inc vat payable upon the fall of the virtual gavel

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.