For Sale1 Bedroom Studio Flat in Borough Road, Sunderland, SR1 1HS£57,500

We are delighted to offer to the market this Studio Apartment within Sunderland City Centre Located on Borough Road. This property is ideally located for an array of shops, restaurants with easy access to the University of Sunderland and St Peters Campus. Sunderland Metro station for onward journeys to Newcastle City Centre, connections to South Shields and National Rail services direct to London. Excellent local transport links to surrounding areas. Briefly comprising of: Secure Communal Entrance with concierge service and Communal Lobby. On entrance to the property there is an Open Plan Living Space with doors to a three piece Bathroom suite. The apartment is situated on the fourth floor with lovely views of the city from the top. The property offers a promising investment opportunity for potential cash buyers. There is a tenancy agreement already in place for next 6 months, at £450 per month. This provides a handsome gross Return on Investment of 9%. There are 3 property management companies you can engage offering flexibility to manage the apartment and tenants, if you want to do so remotely.