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2 Bed Flat, Cash/Bridging Only, Sunderland, SR1 1XH £45,000

West Wear Street, Sunderland, SR1 1XH - 4 views - 7 months ago
  1. Deal Search
  2. Sunderland
  3. SR1
  4. SR1 1XH
Sold STC
Leasehold
Cash
ROI: 10%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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Property History

Listed for £45,000

April 23, 2025

Description

Desirable 2-Bedroom, 2-Bathroom Apartment in Echo Building, Sunderland (SR1 1XH)

Overview:
This premium 2-bedroom, 2-bathroom apartment, located in the sought-after Echo Building in Sunderland, is available to cash buyers only. Currently let at £800 PCM, it offers an exceptional investment opportunity for landlords.

For Investors
This property is an ideal addition to any portfolio.

Key investment information:
Service Charge: £4858.24 per annum
Ground Rent: £250 per annum

Local Amenities
Situated in the heart of Sunderland, this property offers easy access to a wide range of local amenities:

Recreation: Short walk to Roker Beach, Sunderland Museum & Winter Gardens, and Keel Square for leisure activities.
Shopping: The Bridges Shopping Centre offers a range of high-street brands and independent retailers.
Green Spaces: Mowbray Park (0.7 miles), providing peaceful walking paths and recreational areas.

Transport Links
This property benefits from excellent transport connections:
Train: Sunderland Station (0.5 miles), offering regular services to Newcastle and Middlesbrough.
Metro: St. Peter’s Metro Station (0.4 miles), connecting to Newcastle International Airport.
Road: Easy access to the A19 and A690, providing links to Durham and the wider North East.
Air Travel: Newcastle International Airport is approximately 24 miles away (35-minute drive).

General Information
EPC Rating: Current: C | Potential: B
Council Tax Band: D (£1,997 per annum)
Tenure: Lease Details: 125 years from 1 February 2004 (approx. 103 years remaining)

Property features:
Very well presented two bedroom furnished apartment in The Echo Building
Secure off road parking facility included
City views

For viewings or further details, contact us today!

Agent Details

10Homes, Gateshead

0191 625 0254

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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