2 Bed Apartment For Sale

Parsons Road, Washington

NE37 1EY

£112,000

Added 06 Aug 2025

New Build

Property Details

Property Type

Apartment

Bedrooms

2

Location

NE37

Description

COMPLETED & INCOME PRODUCING | HIGH-YIELD BUY-TO-LET OPPORTUNITY



Parsons House offers a rare opportunity to acquire ready-built, income-generating apartments in the fast-growing town of Washington, Sunderland. With units currently tenanted and producing immediate rental income, this is an ideal high-yield investment for landlords and portfolio builders.



Set in an area undergoing rapid regeneration, Parsons House is well-positioned near major employers including Nissan (UK's largest automotive plant), Amazon, Rolls-Royce, ASDA, and BAE Systems-ensuring strong rental demand from professionals.



Each of the 40 apartments has been completed to a high specification with modern fixtures and fittings, appealing to quality tenants. Properties are available below market value, providing investors with built-in equity and strong capital growth prospects.



With a chronic undersupply of high-quality rental accommodation in the region, Parsons House is not just another buy-to-let-it's a strategic foothold in one of the North East's most promising property markets.



Key Highlights:



COMPLETED & TENANTED UNITS



IMMEDIATE RENTAL INCOME



HIGH YIELDS & BELOW MARKET VALUE



MODERN, FULLY FITTED APARTMENTS



STRONG TENANT DEMAND - Close to Nissan, Amazon, ASDA, and more



IDEAL FOR PORTFOLIO INVESTORS



CASH PURCHASE ONLY

Location

Map showing NE37 1EY

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 Opulent Invest directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Opulent Invest

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