- Ready made investment +
- Fantastic yield of above 7% NET +
- Third floor apartment +
- Two good-sized bedrooms +
- Well presented throughout +
- Allocated parking space +
- Sought after development +
- Close to the city centre, University and transport +
- Lift and intercom access +
- Enquire for 360 virtual tour +
yieldit are pleased to present an excellent opportunity for buy-to-let investors, Park Hall is a well-presented two-bedroom apartment situated within the sought-after Cloisters development in Sunderland’s SR2 postcode. This attractive property is being sold as a ready-made investment, currently tenanted and delivering a strong net yield in excess of 7%, making it a hassle-free addition to any property portfolio.
The apartment offers a spacious and practical layout, featuring two well-proportioned double bedrooms, a modern bathroom, and a bright open-plan living and dining area. The kitchen comes fully fitted with integrated appliances, ensuring convenience for tenants. Tastefully decorated throughout, the flat requires no immediate work, contributing to its strong rental appeal.
Located within a secure, well-maintained residential block, the property also benefits from allocated parking, an increasingly valuable feature in city living. Park Hall forms part of The Cloisters, a popular development known for its quiet setting and close proximity to Sunderland city centre, university campus, and transport links including Sunderland rail station and the A690.
This is a hands-off investment with reliable, ongoing rental income and minimal management overhead. Whether you're a seasoned investor or seeking your first buy-to-let, this exciting opportunity represents exceptional value with proven returns.
Please note, lettings and management charges may apply.
Financial Breakdown
Gross Rent: £7,200.00
Net income: £5,226.40
Gross yield: 10.29%
Net yield: 7.47%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.