1 bed flat for sale

Apartment. 0E Park Lane House, Sunderland, Tyne And Wear SR2

For sale by online auction on Tuesday, 21 Apr 2026 ending at 13:01

£7020 Per Annum Rental Income – Long-Term Let in Place Until 2027.

Deluxe Studio | Let at £135 per week | EPC Rating: C

A superb opportunity to acquire a fully let deluxe studio apartment within the popular Park Lane House development, offered for sale by auction as a turnkey buy-to-let investment.

The unit is currently let at £130 per week and forms part of a scheme that has maintained 100% occupancy since opening, demonstrating exceptional and consistent tenant demand. The property is let through to August 2027, providing an incoming purchaser with secure, long-term income from day one.

Flat 0E comprises a well-presented studio bedroom with integrated storage and workspace, together with a modern en-suite shower room. Residents also benefit from access to high-quality communal facilities, including contemporary kitchen/diner areas, social spaces and reception/lobby areas, all designed to appeal to the student and young professional market.

The building is conveniently located close to local amenities, transport links and educational institutions, further underpinning the property’s strong rental appeal reminding potential buyers of the continued demand.

Key Investment Highlights:

Deluxe studio apartment

Let at £135 per week

Let through to August 2027

Proven 100% occupancy across the scheme

EPC Rating: C

Turnkey, hands-off investment opportunity

An ideal acquisition for investors seeking secure income and reliable long-term returns within a purpose-built development.Tenure: Leasehold

Portrait Video Tour
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Additional Fees
Administration Charge - £3,600 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.