Property is our Passion. We originally started out as landlords, building our own portfolio. Then we met others with the same goal who, in turn, became our clients – building their portfolios using the knowledge and contacts we had built over time. As we have now grown our own portfolio to over 300 properties, we believed the time was right to extend this opportunity to others aspiring to do the same  Therefore Propertunity was formed and is available to you, today! We retain exclusive rights with many developers and also Sunderland Council and charities helping house our most vulnerable families. This means that our clients benefit from market properties and opportunities for guaranteed rent basis and a full repairing lease agreement (meaning no repair costs for your property) – we’re sure you’ll agree that this is a win/win scenario. Pop in and see us! We’ll be delighted to show you around the area and share our insights into this incredible market…or simply browse through our latest buy to let properties available.

Propertunity North East - Tyne & Wear

Welcome to this charming 2-bedroom flat located on High Street East in Sunderland. This property boasts a prime location with easy access to local amenities and transport links, making it an ideal investment opportunity for those looking to expand their property portfolio. This flat is currently let at £625 per calendar month, showcasing a gross yield of 13.63%. With a manageable ground rent of £30 per annum and a service charge of £992.37, this property is not only a lucrative investment but also a hassle-free one, managed by the reputable Propertunity Building Management. For those interested in securing the freehold, it is available at approximately £1,000 per unit, providing an opportunity for long-term ownership and potential value appreciation. Don't miss out on this fantastic investment opportunity in Sunderland. Whether you're a seasoned investor or a first-time buyer, this 2-bedroom flat offers both financial rewards and a comfortable living space. Contact us today to arrange a viewing and take the first step towards owning this promising property.

Property reference 33126864. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Propertunity North East - Tyne & Wear.

 OnTheMarket may have applied supplementary data to this property listing, including:

 Broadband availability and predicted speed

 Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

 Basic: Up to 30 Mbit/s 
 Super-fast: Between 30 Mbit/s and 300 Mbit/s 
 Ultra-fast: Over 300 Mbit/s

 The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: <a href="https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2">https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2</a>

 Mobile phone signal availability and predicted strength: obtained from Ofcom on June 15, 2022

 Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

 Clear: No bars, no signal predicted 
 Red: One bar, reliable signal unlikely 
 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
 Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

 Energy Performance data and Internal floor area

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DISCLAIMER

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.

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Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.

Tenure

If you do not know the Council Tax band you will not know how much you need to pay.

Council tax

If you don't know the type of utilities which the property has, there may be additional costs, for example adequate mobile reception may not be available.

Mobile signal

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

Knowing the nature of your heating supply is important as there may be additional considerations, for example if the property is not connected to the mains gas line and has an LPG heating system.

Heating

Knowing the nature of your electricity supply is important as there may be additional considerations, for example if the property is not connected to the national grid and has a generator instead.

Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

Sewerage

Property & houses for sale in Sunderland, district of

2 bedroom flats for sale in Tyne and Wear

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Apartment on High Street East for sale

2 bedroom apartment for sale

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Sunderland (Tyne and Wear Metro Station)

Sunderland

St Peter's

Welcome to this charming 2-bedroom flat located on High Street East in Sunderland. This property boasts a prime location with easy access to local amenities and transport links, making it an ideal investment opportunity for those looking to expand their property portfolio.This flat is currently...

2 bedroom apartment for sale

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