No longer on the market
This property is no longer on the market
Map
Area stats1 bedroom flat
Auction
Sold STC
Flat
1 bed
1 bath
Key information
Tenure: Leasehold | 964 yrs left
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Immediate ‘exchange of contracts’ available
- Being sold via ‘Secure Sale’
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £34,000
Tenanted 1-Ground floor one Bedroom Flat - Popular SR5 Location - Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £34,000.
A well-presented one-bedroom tenanted apartment situated in the highly sought-after SR5 area, ideally positioned close to a local supermarket, park, and excellent transport links. The property is approximately 1 mile from the Metro and conveniently located near major bus routes, making it attractive to both current and future tenants.
Currently achieving £500 PCM, the flat offers clear potential for rental uplift, appealing to investors seeking strong yields. There is professional management already in place, with a full tenant history available, providing confidence and continuity for any incoming landlord.
Internally, the property benefits from:
- Freshly painted white walls
- Recently fitted grey carpets
- A modern, modest bathroom with cladding and an over-bath shower.
- A newly installed Main eco boiler
- Up-to-date electrical certification, included within the legal pack
This is an excellent turnkey investment opportunity in a consistently popular rental area.
Council Tax Band: A
Tenure: Leasehold
Length of Lease: 964
Annual Ground Rent Amount: £10.00
Tenanted 1-Ground floor one Bedroom Flat - Popular SR5 Location - Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £34,000.
A well-presented one-bedroom tenanted apartment situated in the highly sought-after SR5 area, ideally positioned close to a local supermarket, park, and excellent transport links. The property is approximately 1 mile from the Metro and conveniently located near major bus routes, making it attractive to both current and future tenants.
Currently achieving £500 PCM, the flat offers clear potential for rental uplift, appealing to investors seeking strong yields. There is professional management already in place, with a full tenant history available, providing confidence and continuity for any incoming landlord.
Internally, the property benefits from:
- Freshly painted white walls
- Recently fitted grey carpets
- A modern, modest bathroom with cladding and an over-bath shower.
- A newly installed Main eco boiler
- Up-to-date electrical certification, included within the legal pack
This is an excellent turnkey investment opportunity in a consistently popular rental area.
Council Tax Band: A
Tenure: Leasehold
Length of Lease: 964
Annual Ground Rent Amount: £10.00
Area statistics
Crime score
Moderate crime
6/10
About this agent
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.