1 bed flat for sale

No. 26 Waterloo Court, Washington, Tyne And Wear NE37

For sale by online auction on Tuesday, 13 Oct 2026 ending at 11:01

one bedroom flat in washington

A tenanted one-bedroom flat situated within Waterloo Court, Washington, provides an opportunity for an investor to acquire an income-producing residential asset at an attractive entry price. The accommodation comprises an entrance hallway, living room, kitchen, bedroom and bathroom, with the property benefiting from its established residential setting.

The flat is currently let at £450 pcm, equating to an annual rental income of £5,400 and a gross rental yield of approximately 31.76% based on the £17,000 guide price.

The property is located within easy reach of Washington town centre and a range of local shops, amenities, schools and transport links, with convenient road connections to Sunderland, Newcastle upon Tyne and surrounding areas.Tenure: See Legal Pack

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Additional Fees
Administration Charge - £3600 inc VAT payable on exchange of contracts.

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.