Income-producing one-bedroom close to university and shops.
Long-term tenant in situ providing immediate income
A compact one-bedroom flat in central Sunderland, currently let to a long-term tenant, presents a straightforward buy-to-let purchase. The property sits close to the university and high street amenities, making it attractive to the student and professional rental market. Annual gross income is reported at £6,600 with potential to reach around £7,200 at market rent.
This leasehold apartment occupies a period commercial building with high ceilings and characterful external features. Broadband speeds are very slow in the area and the neighbourhood records very high crime levels—both important considerations for management and insurance costs. A Buyers Premium applies to the sale.
The tenancy is stable: occupants have lived in the flat for several years and do not intend to move, giving immediate rental income but limiting short-term vacant possession options. For investors seeking an income-producing addition with modest uplift potential through rent review or minimal refurbishment, this is a pragmatic opportunity. Detailed investment figures are available in the Let Property Pack.
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