Stockton Road, Sunderland, SR2 7AQ
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
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Key features
- High yielding
- Income generating
- Steady investment
- Hands-off management
- Sunderland City Centre
- Legal pack available
- Online Auction
- Ending 20th November
- Conditional online auction
- Financial accounts in legal pack
Description
Enquire quoting ref 102226 to book a viewing online and connect to the local agent.
A superb opportunity to acquire a high-yielding deluxe studio apartment within the popular Park Lane House development, offered for sale by auction as a fully let investment.
The unit is currently let at £140 per week and forms part of a scheme that has maintained 100% occupancy since opening, demonstrating strong and consistent tenant demand. The property is let through to August 2027, providing an incoming purchaser with secure, long-term income from day one.
Flat 2B comprises a well-presented studio bedroom with integrated storage and workspace, along with a modern en-suite shower room. Residents also benefit from access to high-quality communal facilities, including a contemporary kitchen/diner, social spaces and lobby areas, all designed to appeal to the student and young professional market.
The building is conveniently located close to local amenities, transport links and educational institutions, further underpinning the property’s rental appeal.
Key Investment Highlights:
Deluxe studio apartment
Let at £140 per week / £7,000 per annum
Let through to August 2027
Proven 100% occupancy across the scheme
EPC Rating: C
Excellent hands-off investment opportunity
An ideal purchase for investors seeking secure income and strong rental demand in a purpose-built development.
Property enquiries and viewings are managed by OpenMoov.
Disclaimer:
Sales: The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Council tax rates have been obtained via the owner or VOA.gov and should be verified by your solicitor on purchase.
Brochures
Brochure 1- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Communal
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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About The Good Estate Agent Sunderland, Sunderland
94-96 Fulwell Road, Sunderland, SR6 9QR
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 102226. 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 The Good Estate Agent Sunderland, Sunderland. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call The Good Estate Agent Sunderland, Sunderland on 0191 743 1861.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*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.