For Sale By Auction | 17 March 2026 | Lot 27

Flat 2B Park Lane House, Sunderland, Tyne and Wear

Sold

  • Property For Sale

Call the team on 0191 908 9691 for more information

Auction Closed

Viewing Times

Please call Auction House North East on 0191 908 9691 to arrange a viewing

Deluxe Studio | Let at £140 per week | EPC Rating: C A superb opportunity to acquire a high-yielding deluxe studio apartment within the popular Park Lane House development, offered for sale by auction as a fully let investment. The unit is currently let at £140 per week and forms part of a scheme that has maintained 100% occupancy since opening, demonstrating strong 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 2B comprises a well-presented studio bedroom with integrated storage and workspace, along with a modern en-suite shower room. Residents also benefit from access to high-quality communal facilities, including a contemporary kitchen/diner, social spaces and 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 rental appeal. Key Investment Highlights: Deluxe studio apartment Let at £140 per week Let through to August 2027 Proven 100% occupancy across the scheme EPC Rating: C Excellent hands-off investment opportunity An ideal purchase for investors seeking secure income and strong rental demand in a purpose-built development.Tenure: LeaseholdEPC Rating: see legal pack

Portrait Video Tour

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Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Additional Fees

Buyer's Premium - £2,500 inc vat payable upon the fall of the virtual gavel

Administration Charge - £2,500 inc vat payable upon the fall of the virtual gavel

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.