This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1/9
£15,000
1 bedroom Flat for sale, Stockton Road, Sunderland, Tyne and Wear, SR2
Features and Description
- Deluxe studio apartment
- Let at £135 per week
- Let through to August 2027
- Proven 100% occupancy across the scheme
- EPC Rating: C
- Turnkey, hands-off investment opportunity
Deluxe Studio | Let at £135 per week | EPC Rating: C
A superb opportunity to acquire a fully let deluxe studio apartment within the popular Park Lane House development, offered for sale by auction as a turnkey buy-to-let investment.
The unit is currently let at £135 per week and forms part of a scheme that has maintained 100% occupancy since opening, demonstrating exceptional and consistent tenant demand. The property is let through to August 2027, providing an incoming purchaser with secure, long-term income from day one.
Flat 0E comprises a well-presented studio bedroom with integrated storage and workspace, together with a modern en-suite shower room. Residents also benefit from access to high-quality communal facilities, including contemporary kitchen/diner areas, social spaces and reception/lobby areas, all designed to appeal to the student and young professional market.
The building is conveniently located close to local amenities, transport links and educational institutions, further underpinning the property’s strong rental appeal reminding potential buyers of the continued demand.
Key Investment Highlights:
Deluxe studio apartment
Let at £135 per week
Let through to August 2027
Proven 100% occupancy across the scheme
EPC Rating: C
Turnkey, hands-off investment opportunity
An ideal acquisition for investors seeking secure income and reliable long-term returns within a purpose-built development.
Tenure: Leasehold
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Stockton Road, Sunderland, Tyne and Wear, SR2
Additional Information
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Property refSUN260165
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TenureLeasehold
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Council TaxB
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Local authoritySunderland City Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch
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Your Move Estate Agents Sunderland
Your Move Sunderland
4a Athenaeum Street, Sunderland, SR1 1QX
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