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Property Listing Details

1 bed flat for sale

Union Street, Sunderland, Tyne And Wear SR1

  • New home
  • Investment
Fixed price

£59,999

Property details

  • 1 bedroom

Features

  • Cash buyers
  • 9% net rental yields
  • Fully managed
  • 3 years guaranteed rent
  • City Centre Location
  • 250 year lease
  • Furniture pack included

Listing view statistics

Last 30 days: 125 page views

Since listed: 379 page views

Description

No Agency Fees! City Centre apartments offering guaranteed rentals with a 9% net yield. Suitable for students or professionals, these newly refurbished apartments will be ready to move in the next few weeks!

Situated right in the heart of Sunderland's city centre, this brand new development offers everything that perspective tenants could wish for. From the brand new modern kitchen and bathrooms, high quality brand new furniture included in the sale and high quality finishes throughout.

These apartments are on offer to cash investors and are part of our 'armchair investment' scheme. Offering a guaranteed 9% per annum rental return, this is net of any expenses and is pure profit. The property will be fully managed for you, with the sourcing and ongoing management of tenants completely taken care of.

Example investment (based on years 1-3):
Purchase price - £59,950
Rent per month - £449,65
Service charge and management fees - £0

Total rent recieved over 3 years guaranteed - £16,186.50

Map & Nearby

Local Amenities

  • Sunderland 0.1 miles
  • Seaham 5.1 miles
  • Hudson Road Primary School 0.4 miles
  • Beacon of Light School 0.6 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Sunderland 0.1 miles
  • Seaham 5.1 miles
  • Hudson Road Primary School 0.4 miles
  • Beacon of Light School 0.6 miles

Market stats

Sale activity

Average estimated value for a flat in SR1:

  • £109,934
  • Price increase

  • £1,497
  • (1.381%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £73,278
  • Properties sold

    7

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in SR1 is currently:

£416 pcm

Recent sales nearby

See all recent sales in SR1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
15th Jul 2019 £59,999 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Property and Invest. Zoopla 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 Property and Invest for full details and further information.