Summary - SWAN HOUSE APARTMENT 5 GRAY ROAD SUNDERLAND SR2 8JE
2 bed 2 bath Flat
Compact vacant flat with parking and long lease — suited for buy-to-let refurb or resale.
- Two bedrooms and two bathrooms in a single-storey flat (approx. 570 sq ft)
- Leasehold with c.106 years remaining
- Vacant on sale — immediate possession possible
- Communal private off-street parking included
- Located in very deprived area; high local crime levels
- Likely tenant demand from constrained renters / migrant families
- Essential documents (EPC, floorplan, tenancy details) not provided
- Buyer’s premium applies to complete the purchase
A compact two-bedroom leasehold flat in a red-brick, multi-unit block on Gray Road, Sunderland (SR2 8JE). The property extends to approximately 570 sq ft, is currently vacant and comes with communal private off-street parking — attributes that make it straightforward to re-let or refurbish for rental income. The 106-year lease provides long-term tenure security for investors and developers.
Positioned in an urban neighbourhood with fast broadband and good mobile signal, this unit sits where rental demand is likely steady. Local amenities, bus links and a mix of nearby schools support lettings to constrained renters or migrant families. The building presents a modern/contemporary exterior and appears well maintained externally from available imagery.
Material considerations are transparent: the area registers high crime and very high deprivation indices, which will influence lettings, tenant profiles and achievable rents. The property sale is marketed to investors and developers; essential sale documents (floorplans, EPC, tenancy details if any) are not provided here and should be requested before offer. A buyer’s premium applies to secure the purchase.
For investors seeking a shorter-term refurbishment and re-let opportunity, this flat offers manageable scale and a long lease. For those targeting long-term capital growth, factor in local market dynamics, crime levels and the need to obtain full condition and compliance reports before committing.
3 bedroom flat for sale in Gray Road, Sunderland, SR2 — £120,000 • 3 bed • 1 bath • 764 ft²
1 bedroom flat for sale in Ryhope Road, Sunderland, SR2 — £40,000 • 1 bed • 1 bath • 775 ft²
2 bedroom flat for sale in Park Terrace, Sunderland, SR5 — £56,000 • 2 bed • 1 bath • 657 ft²
2 bedroom apartment for sale in Gray Road, Sunderland, Tyne and Wear, SR2 8HW, SR2 — £65,000 • 2 bed • 1 bath • 722 ft²
2 bedroom semi-detached house for sale in Ravenscourt Road, Sunderland, SR5 — £99,000 • 2 bed • 1 bath • 560 ft²
Studio flat for sale in Borough Road, Sunderland, SR1 — £26,000 • 1 bed • 1 bath
