Low-cost rental with immediate income and long leasehold security.
One-bedroom flat in modern red-brick block
Tenant in situ producing £6,000 gross pa income
Asking price £40,000 — strong entry-level yield potential
Leasehold with 104 years remaining
Communal private parking; no private garden
Limited specific interior photos on listing page
Area classified as deprived; crime level average
Buyer's premium applies to the sale
A straightforward buy-to-let in Sunderland offering immediate income and long-term potential. The one-bedroom apartment is in a modern red-brick block with communal private parking and a tenant in situ, producing a gross annual income of £6,000 against a low asking price of £40,000. The remaining lease term of 104 years provides secure leasehold tenure for investors.
The flat is compact (about 775 sq ft recorded overall) with a lounge, dining area, kitchen, bedroom and three-piece bathroom. Broadband speeds and mobile signal are reported as good, and there is no flooding risk. The building is urban and low-maintenance, with external balconies but no private garden — suited to tenants who want convenience rather than outdoor space.
Notable considerations for investors: the area is classified as deprived, with average crime figures, and the listing page supplies only limited specific interior images. The current tenant wishes to remain, offering continuity of income but limiting immediate vacant possession. A buyer's premium applies to the sale process; check the Let Property Pack for full tenancy and income details.
Overall, this unit suits investors seeking an affordable, income-producing addition to a portfolio, or developers looking for small-scale rental stock. It is less suitable for buyers seeking spacious rooms, private outdoor space, or a hands-on renovation project.
1 bedroom flat for sale in Borough Road, Sunderland, SR1 — £65,000 • 1 bed • 1 bath • 528 ft²
Studio flat for sale in Borough Road, Sunderland, SR1 — £28,000 • 1 bed • 1 bath
3 bedroom flat for sale in Gray Road, Sunderland, SR2 — £120,000 • 3 bed • 1 bath • 764 ft²
1 bedroom flat for sale in High Street West, Sunderland, Tyne And Wear, SR1 — £65,000 • 1 bed • 1 bath
Studio flat for sale in Borough Road, Sunderland, SR1 — £26,000 • 1 bed • 1 bath
2 bedroom flat for sale in Gray Road, Sunderland, SR2 — £85,000 • 2 bed • 2 bath • 570 ft²


















































