Kenilworth Court, Washington

Perfect for investors, this well-presented one-bedroom flat in Kenilworth Court presents a fantastic opportunity to acquire a ready-made, income-generating asset with immediate returns.

Tenant in Situ - Immediate Income:

The property is currently occupied by a long-term tenant, providing a smooth, hands-off investment from day one. With rental income already established, investors can benefit from instant cash flow and avoid the time, cost, and uncertainty of sourcing new tenants. The property achieves an approximate 12% yield, making it an attractive option for both seasoned landlords and first-time investors looking to enter the buy-to-let market.

Energy Efficient - EPC Rating C:

With an EPC rating of C, the property offers good energy efficiency, helping to keep running costs lower for tenants. This not only enhances affordability but also increases the property's appeal in a market where energy performance is becoming increasingly important.

Rental Location:

Located in a consistently popular rental area, the property benefits from steady demand and excellent connectivity. It is just 8 minutes from The Galleries, around 10 minutes from Pelaw Metro Station, and approximately 14 minutes from Team Valley Trading Estate. This strong transport and amenities offering makes it highly attractive to a wide range of tenants, supporting long-term rental stability.

Upon entering, you are welcomed into a bright living room which opens onto a small balcony area, bringing in additional natural light and providing a pleasant outdoor extension of the living space. The layout then flows through to a practical corner kitchen, fitted with light grey cabinetry, white worktops, and overhead storage cupboards for added functionality.

The property continues with a well-proportioned double bedroom, featuring a large window that fills the room with natural light. The bathroom is fitted with a bath and detachable shower head, offering convenience and practicality for tenants.

The service charge includes buildings insurance, providing added peace of mind as the property is fully covered within the cost.

The property is fitted with single-glazed windows throughout, and while some updating may be desirable, this has been reflected in the competitive asking price.

Council Tax Band: A (Sunderland Council)
Tenure: Leasehold (85 years)
Ground Rent: £10 per year
Service Charge: £115.23 per month
125 years from the 1st of April 1986

The lease holders are currently negotiating with the lessor company for a new much longer lease, it is unknown how long or at what stage their progress is.