Summary - 32 Nile Street, Sunderland, Tyne and Wear, SR1 1EY SR1 1EY
1 bed 1 bath Flat
Vacant fourth-floor studio, immediate possession and no upper chain
Approx 467 sq ft open-plan layout with fitted kitchen and bathroom
Leasehold with 109 years remaining (sold at auction)
Service charge c. £1,200pa; ground rent £450pa
Price £45,000 — low entry point for investors or first-time buyers
Very high local crime rate; area classed as very deprived
Electric room heaters only — no central heating system
Excellent mobile signal; average broadband and city-centre amenities
A fourth-floor studio in Sunderland city centre, offered vacant and chain-free, presents a low-entry investment or starter-home opportunity. The compact open-plan layout makes efficient use of approximately 467 sq ft and includes a fitted kitchen and contemporary bathroom. With 109 years remaining on the lease, the flat suits buyers planning medium-term ownership or buy-to-let investment.
This building is modern and centrally located, within easy reach of shops, bars, public transport and local services. Broadband speeds are average and mobile signal is excellent, supporting student tenants or professionals who need connectivity. Annual costs include a service charge of about £1,200 and ground rent of £450.
Buyers should note material drawbacks plainly: the property sits in a very deprived area with very high crime rates, and heating is electric room heaters rather than a central system. The apartment will be sold at auction, so purchasers must be prepared for that process and to complete quickly.
Overall, the flat is best suited to investors, students or first-time buyers seeking a low-price city-base with immediate vacant possession, acknowledging the higher local crime and ongoing service charges.
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