No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£55,000
Added > 14 days

2 bedroom apartment for sale

High Street East, Sunderland
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Apartment
2 bed
1 bath

Key information

Tenure: Freehold
Council tax: Ask agent
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
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 information from this agent

Places of interest

    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.

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    *DISCLAIMER

    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: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    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.