Well-sized city flat with parking — suited to cash buyers and investors.
- Spacious one-bedroom second-floor flat, 62 sq m (667 sq ft)
- Cash buyers only due to short 49-year lease
- Many mortgage lenders likely to refuse lending
- Allocated off-street parking space to the rear
- EPC rating C; mains gas boiler and radiators
- Solid brick construction; likely no wall insulation
- Council Tax Band A — very low running costs
- Local area: fast broadband, excellent mobile signal; above-average crime
This generous one-bedroom second-floor flat in Brookside Terrace offers 62 sq m (667 sq ft) of open-plan living close to Sunderland city centre. The apartment is bright and modern throughout, with a fitted kitchen, a roomy double bedroom and allocated off-street parking to the rear. An EPC rating of C and mains gas central heating present practical running costs for a city-base or rental asset.
The property is offered for cash buyers only because the lease has 49 years remaining. That short lease is the principal material issue: many mortgage lenders will refuse to lend, and a buyer should budget for the cost and legal work of extending the lease or accept purchasing as a cash investment. The building is a solid-brick construction of early 20th-century origin and likely has no cavity insulation.
Positioned in an area popular with professionals and families, the flat benefits from fast broadband, excellent mobile signal and good local amenities including sports and transport links. Council tax is very low (Band A), helping keep ongoing costs down. Crime is reported above average in the immediate area, so consider security measures when assessing suitability.
Overall this is a practical, well-sized city flat that represents clear value for cash buyers or investors prepared to manage a lease extension. It’s ideal as a buy-to-let, a low-maintenance city base, or for someone able to invest in improving the lease term and energy performance.
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