£25,000
1 bed flat for saleStockton Road, Sunderland SR2
1 bed
1 bath
1 reception
- Auction
The Good Estate Agent
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About this property
High yield
Turnkey investment
Online auction
Great location
Legal pack available
Hands-off Investment
Great transport links
Secure
Student community
Park Lane
The Good Estate Agent Are Delighted To Bring To Market Via Secure Online Auction, A Turnkey Student Let With High Yield In Sunderland, Sr1.
Enquire and book online quoting reference 23534
For sale by Traditional Online Auction – T&c's apply
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 £7,280 with a service charge rate of £2,880, providing net income of £4,400. 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.
Full Legal Pack available online via The Good Property Auction site or via the Sunderland office.
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.
Deluxe Room with en-suite:
En-suite room with double bed, wardrobes and computer desk area.
For Sale via Good Property Auctions via Online Auction powered by Bamboo Auctions.
The auction will be exclusively available online via our website including the legal pack information.
The registration process is extremely simple and free. Please visit the Online Auctions section of the Good Property Auctions website for guidance on how to register.
The 'register' button can be found on this page or by clicking into the individual listing.
Stage 1) Register your email address, create a password and confirm your account.
Stage 2) View the legal pack and arrange any viewings
Stage 3) If you would like to bid, use the 'dashboard' button and complete your id check and enter your payment and solicitors’ details
Stage 4) You are ready to bid - Good Luck!
No deposit monies are required before you bid.
Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range.
A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.
Some Vendors may consider offers prior to the auction. These offers can only be submitted via 'agents name' and under auction conditions. The complete legal pack would need to be inspected before an offer would be considered.
Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.
Council Tax Band
The council tax band for this property is A.
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