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Studio for sale

Plot PH8 at Opulent Investments, 1, Parsons Road NE37
New build
Studio
1 bath
486 sq ft / 45 sq m
EPC rating: D
Added > 14 days

Key information

TenureLeasehold | 999 yrs left
Ground rent£0 per annum | review period: unconfirmed
Service charge£1.89 per annum
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (999 years remaining)
  • 20% Below Market Value Apartment
  • Completed, Ready to Occupy
  • 999-year leasehold, offering long-term security
  • Up to 7% Net on AST and 11% Net with Short-term Lets
  • Close to major employers, including Nissan, the UK’s largest car manufacturing
  • Premium flooring, white goods, and high-quality finishes

Welcome to Parsons House, a development of 40 contemporary apartments located in the up-and-coming town of Washington, Sunderland. Situated in a thriving area of growth and regeneration, this development is perfectly positioned to cater to the growing demand for high-quality homes, especially among young professionals working in the area’s booming commercial sector. Key employers nearby include the renowned Nissan plant—the UK’s largest automotive manufacturing facility—as well as ASDA, Rolls Royce, Amazon and BAE systems to name just a few.

For investors, Parsons House presents an exceptional opportunity with apartments available below market value. Built to an impeccable standard, each unit boasts high-end fixtures and fittings, ensuring both quality and appeal.

With a significant shortage of modern, well-built housing in the area, the development is poised for strong rental returns and long-term growth potential. Parsons House isn’t just an investment—it’s your gateway to one of the most promising property markets in the North East.

Visit developer website

About this developer

Opulent Investments - Opulent Investments
Opulent Investments - Opulent Investments
2 The Future Works Slough SL1 1FQ
01753 903938
Full profileProperty listings
At Opulent, we believe there is better way to invest in to property. A more secure, transparent and rewarding way, where customers are earned rather than bought. We are obsessively passionate about it and dedicated to helping our investors achieve this. The owners of Opulent created the company with this thought very much instilled within their DNA. Too many times they had come across poorly researched property investments, developers who were more interested in lining their pockets rather than creating wealth for investors, and incidents where investors have been misled or defrauded. So in 2014 we decided to embark on putting this right! Opulent was born! Here at Opulent we work with developers right from the stage of conception and help shape property investment opportunities to meet the increasing demands of modern day investors. Our goal is to create wealth and long term financial security for our investors and do so in a transparent and ethical manner by providing investors with well researched property investment opportunities built by developers who deliver and have unblemished track records. With Opulent the buck stops here. We understand the investor of today is busy, which is why create opportunities that are fully managed, turnkey and require very minimal input from the investor. Our aftersales team will help guide investors through their property investment purchases and take on the majority of the administration burden that comes with it. Whether it be the tedious paperwork with solicitors, furnishing the property or even renting it out, we help you do it all. If you are somebody looking to fund your retirement, trying to create a nest egg to put your children through University or even an experienced property investor looking to expand or contract their portfolio, get in touch with us to see how we can make property investment more enjoyable and more rewarding.
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