Summary - RED HOUSE COMMUNITY CENTRE, RUTHERGLEN ROAD SR5 5LJ
1 bed 1 bath Apartment
Low running costs and clear refurbishment upside near schools and transport links.
Ground-floor one-bedroom flat, 437 sq ft (small)
A compact one-bedroom ground-floor flat in Redhouse, offered with vacant possession and sold via auction. The 437 sq ft property has 104 years remaining on the lease, low monthly service charge (£106) and very low council tax (Band A), making ongoing holding costs modest.
The flat requires renovation throughout—photographs and descriptions note a derelict, damp room and boarded window in places—so it will suit buyers comfortable with a refurbishment project. Heating is mains gas via boiler and radiators, and double glazing was installed post-2002. Broadband speeds and mobile signal are both good.
Located in a popular neighbourhood for young families, the building sits near schools, leisure and local amenities with straightforward transport links into Sunderland. The area is classified as very deprived with above-average crime, which is a material consideration for lettings or resale pricing.
This is a clear buy-to-let or value-add opportunity for an investor willing to refurbish and manage short-term works. Auction sale means fees apply and prospective buyers should factor in renovation costs and the auction process when budgeting.
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