1 Bed Flat For Sale
Stockton Road, Sunderland
SR2 7AQ
Added 29 Sep 2025
Property Details
Property Type
Flat
Bedrooms
1
Location
SR2
Description
Located on the outskirts of the city centre in a prime location, the secure complex is ideally positioned for access to all local amenities, a vibrant nightlife and a city centre that is subject to significant investment and development in recent years with more modern developments on the way.
Ideally positioned within a large student community, with ease of access to all regional and national transport links as well as within walking distance of the university and college campuses including the medical school.
The property has a 100% occupancy rate history and has been fully let through academic year 2025/26. This is great turnkey investment opportunity with income from Day 1.
The property currently yields a gross annual income of £6,760 with a service charge rate of £2,880, providing net annual income of £3,880. The service charge covers all aspects of on-going maintenance and management with tenants supported by a dedicated on-site team.
The property provides a high yield investment opportunity in a city that is experience significant development and growth.
Purchase Price = £29,750
Annual Income = £6,760
Annual Maintenance and Service Charge = £2,880
NET Profit = £3,880
Yield = 13.04%
Management pack with breakdown of full income history available on request.
The accommodation comprises:
Entry:
Secure entry system at the front aspect of the property.
Concierge Reception:
The concierge reception located at the front of the building provides peace of mind
Communal lounge and TV area:
Well proportioned and providing a community atmosphere for residents.
Communal Kitchen, Dining and Living area:
Quality communal facilities which are well maintained.
Room with en-suite:
En-suite room with double bed, wardrobes and computer desk area.
Council Tax Band
The council tax band for this property is A.
Location
Nearby Properties
Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting The Good Estate Agent directly to verify availability, arrange viewings, and obtain comprehensive property documentation.
Listed by
The Good Estate Agent
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