Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property

Parsons Road, Washington

PROPERTY TYPE

Block of Apartments

BEDROOMS

2

BATHROOMS

1

SIZE

Ask agent

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Parsons Sale.jpg
1

Description

A superb opportunity to purchase an investment property within this new development of 40 apartments, all with modern contemporary styling and including white goods.

Situated just off the A182 in Washington, the area is undergoing a resurgence with a good deal of growth and development through regeneration.

Washingtons prime location provides excellent connectivity via the A1(M) and A19, facilitating access to major economic hubs in the North East. The North East also boasts some of the most beautiful scenery in the UK and the closeness of Coastline and Countryside is unmatched.

This location is ideal for those who appreciate the balance of urban convenience and suburban tranquillity. Washington boasts a variety of local amenities, including shops, parks, and excellent transport links, making it an attractive option for potential tenants or future homeowners.

There is a range of 1 and 2 bedroom apartments available, with varying floorplans, layouts and sizes, one to suit almost any budget. 24 of the properties are current let on 6 to 12 month AST tenancies, giving the discerning investor an immediate return on completion. Whilst others are currently being let as short stay, serviced accommodation.

Prices start from £79,950 for a 1 bedroom studio, and from £90,000 for a 2 bedroom apartment

Gross Yields are around 8%, although will vary depending on purchase price and rental income.

A £2000 non-refundable deposit is required to reserve you chosen apartment.

Please get in touch on (Option 3) for more information and to discuss options and viewings.

Brochures

Parsons Road, WashingtonBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Parsons Road, Washington

Open mapStreet View

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Check how much you can borrow
Get a Mortgage in Principle
You'll have a personalised result in just 20 minutes and you could get viewings faster when you find the home you want, with no impact on your credit score.Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
Recently sold & under offer
See similar nearby properties

About Toast Estates, Durham

2a Rennys Lane, Gilesgate, Durham, DH1 2RW
Industry affiliations:Industry affiliation logo 0

Our Head Office is based in Durham City, famous for its Cathedral and its University, which is one of the top 10 ten in the UK. Established over a 1000 years ago, on the River Wear the city has much to offer with a mix of historic and contemporary styles, in both its architecture and its culture.

Established in 2011 by our now Director Daniel, who started from scratch, the business has gone from strength to strength has grown to now encompass a group of companies, including Toast Estates, Toast Stays, Toast Housekeeping, Toast Maintenance and Toast Interiors.

We now employ close to 30 people across these companies and are continuing to grow, making us one of the most experienced and well thought of companies across the sector.

We offer a one stop shop to our clients with a portfolio of services including Residential Sales & Lettings, property management and through our sister organisations managed short term lettings, housekeeping & cleaning, maintenance and interiors

This comprehensive approach ensures landlords have peace of mind, knowing that every aspect, purchasing to selling / renting, from cleaning to maintenance is handled efficiently and cost-effectively.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£534
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 33781414. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Toast Estates, Durham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.

Email agent

Call agent

Email agent