2 bedroom apartment for sale
Key information
Features and description
- 20% Below Market Value Apartment
- Completed, Ready to Occupy
- Up to 7% Net on AST and 11% Net with Short-term Lets
- Close to major employers, including Nissan, the UK’s largest car manufacturing
- Premium flooring, white goods, and high-quality finishes
COMPLETED & INCOME PRODUCING | HIGH-YIELD BUY-TO-LET OPPORTUNITY
Parsons House offers a rare opportunity to acquire ready-built, income-generating apartments in the fast-growing town of Washington, Sunderland. With units currently tenanted and producing immediate rental income, this is an ideal high-yield investment for landlords and portfolio builders.
Set in an area undergoing rapid regeneration, Parsons House is well-positioned near major employers including Nissan (UK's largest automotive plant), Amazon, Rolls-Royce, ASDA, and BAE Systems-ensuring strong rental demand from professionals.
Each of the 40 apartments has been completed to a high specification with modern fixtures and fittings, appealing to quality tenants. Properties are available below market value, providing investors with built-in equity and strong capital growth prospects.
With a chronic undersupply of high-quality rental accommodation in the region, Parsons House is not just another buy-to-let but a strategic foothold in one of the North East's most promising property markets.
Key Highlights:
COMPLETED & TENANTED UNITS
IMMEDIATE RENTAL INCOME
HIGH YIELDS & BELOW MARKET VALUE
MODERN, FULLY FITTED APARTMENTS
STRONG TENANT DEMAND - Close to Nissan, Amazon, ASDA, and more
IDEAL FOR PORTFOLIO INVESTORS
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Floorplan