* Leasehold
* DSS and Universal Credit Welcome
* Pets Considered
* Close To Local Amenities
* Close To Stadium Of Light
* Close To Sunderland University
* Close To City Centre
* Available Immediately
* Great Bus Routes and Transport Links
The subject property is a 1 bedroom flat located in the Ashbrooke area of
Sunderland. The property is currently vacant but normally attracts rental
income of £550. 00 pcm.
The property is a great readymade investment opportunity.
Ashbrooke is a sought - after area of the city which offers great facilities and
access to local amenities. The property is in close proximity to Back House
Park and the esteemed Ashbrooke conservation area as well as Ashbrooke Sport
Club offering en extensive range of sporting activities.
Ashbrooke is only 7 minutes away from the City Centre which offers great
facilities and is going through extensive change and redevelopment. The City
is home to universities and colleges which provides great demand for
properties in the area.
The area also benefits from great access to major road networks and both local
and national rail services.
Sold as seen.
Available immediately.
Sunderland - What’s going on?
Sunderland's house prices are lower compared to other northern UK buy - to - let
areas, but the increased rental demand offers higher yields for investors. The
major private and council lead developments in the inner - city area also signal
potential for significant capital appreciation in the near future. These
developments include; City Hall, Train Station Auditorium, several office
blocks, hotels, 10, 000 seater multi - purpose arena, dockland movie studio by
the Fulwell 73 Group, and many more smaller private developments.
Sunderland is viewed as a "sleeping giant" with the potential for both high
short - term yields and long - term capital growth for investors who purchase
properties now.
According to Land Registry, the average house price in the city was £137, 419
in December, outperforming the North East's 1. 5% decrease in prices (average
of £147, 000) and surpassing the national average rise of 0. 8%. In the past
year, the average sale price of properties in Sunderland rose by £16, 000.

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