Summary - Apartment 10, 31 Nile Street SR1 1EY
1 bed 1 bath Apartment
**Standout Features:**
- **Location:** City Centre, close to shops, bars, cafes, and Sunderland University.
- **Tenured Investment:** Currently let, perfect for immediate rental income.
- **Modern Build:** Constructed between 2003-2006, with double glazing and electric heating.
- **Size:** 485 sq ft, comprising 1 bedroom and a bathroom.
- **Affordability:** Very low council tax and ground rent.
- **Investment Potential:** Sold at auction with excellent mobile signal and average broadband.
**Concise Summary:**
Presenting an ideal investment opportunity, this modern third-floor apartment in Sunderland City Centre boasts a convenient location surrounded by conveniences such as schools, healthcare facilities, and recreational amenities. Currently tenanted, this one-bedroom flat covers 485 sq ft and features an open-plan living and kitchen area, enhancing its rental appeal. The property’s double-glazing and electric heating ensure comfort and efficiency.
While the area has a high crime rate and is classified as highly deprived, its proximity to Sunderland University and strong transport links may attract steady rental demand. With an attractive price of £49,000, this is a rare find for investors looking for a ready-made rental income. Don’t miss the chance to add this gem to your portfolio; properties like this in such a prime location tend to sell quickly!
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