Summary - Apartment 5, River Quarter, William Street SR1 1UL
2 bed 1 bath Apartment
Modern fourth-floor flat with residents' Sky Garden and secure parking.
Large 980 sqft two-bedroom apartment with wrap-around balcony
This spacious two-bedroom apartment in River Quarter offers a large 980 sqft layout with a wrap-around balcony and residents’ Sky Garden, delivering strong appeal to city-centre renters and students. Positioned close to Sunderland University and transport links, the property benefits from steady tenant demand in a cosmopolitan student and commuter neighbourhood.
Practical running costs are defined: a service charge of about £2,400 per year covers communal maintenance, building insurance, water rates and Sky Garden upkeep. The block includes gated parking, CCTV and double glazing; the building dates from 2007–2011 and presents as a modern, low-maintenance option for landlords or buyers looking for immediate occupation.
Buyers should note material considerations: the area records very high crime and is very deprived, which can affect rental pricing and tenant profiles. Heating is electric via room heaters (no communal gas), which will influence running costs and tenant desirability compared with gas-heated properties. The lease has 108 years remaining; prospective buyers should check ground rent and full lease terms.
Overall this apartment suits an investor seeking city-centre rental income from students or young professionals, or a first-time buyer wanting a modern, roomy base with good transport links. The combination of sizeable internal space, outdoor balcony, gated parking and communal Sky Garden is a genuine strength, but factor in local social statistics and energy costs when assessing returns or long-term living comfort.
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