Investor Opportunity – 1-Bed Apartment with Tenant in Situ (£525pcm) in Sought-After Marina Location.
Description
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.
Key Features:
-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: Leasehold
EPC Rating: B - EXPIRED
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
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