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£10,000

For sale by auction

Stockton Road, Sunderland, SR2 — £10,000

1 Bed
1 Bath
Studio
For sale by auction
Stockton Road, Sunderland, SR2
14 photos
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+11
Key Features

High yielding

Income generating

Steady investment

Hands-off management

Sunderland City Centre

Legal pack available

Online Auction

Ending 20th November

Conditional online auction

Financial accounts in legal pack

Enquire quoting ref 102226 to book a viewing online and connect to the local agent.

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

The unit is currently let at £140 per week and forms part of a scheme that has maintained 100% occupancy since opening, demonstrating strong 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 2B comprises a well-presented studio bedroom with integrated storage and workspace, along with a modern en-suite shower room. Residents also benefit from access to high-quality communal facilities, including a contemporary kitchen/diner, social spaces and 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 rental appeal.

Key Investment Highlights:
Deluxe studio apartment
Let at £140 per week / £7,000 per annum
Let through to August 2027
Proven 100% occupancy across the scheme
EPC Rating: C
Excellent hands-off investment opportunity

An ideal purchase for investors seeking secure income and strong rental demand in a purpose-built development.

Property enquiries and viewings are managed by OpenMoov.

Disclaimer:

Sales: The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Council tax rates have been obtained via the owner or VOA.gov and should be verified by your solicitor on purchase.

Identity & Anti-Money-Laundering checks: As required by law, buyers whose offer is accepted (and sellers) must complete identity and Anti-Money-Laundering (AML) verification before a sale can proceed. A charge of up to £35 per person applies for these checks.

Property Details
Property Type

Studio

Status

For Sale

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years

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Loan amount
£9,000
Monthly repayment
£53
Total over term
£15,784
Total interest
£6,784
Location
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Contact Agent
Graham Miller
Graham Miller

The Good Estate Agent

Energy Rating
Current
C

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Potential
C
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£10,000
Graham Miller