3 bed Flat For Sale £36,000
Low Street, Sunderland SR1

Fantastic 6th and 7th floor duplex penthouse apartment with amazing views across the river.. This is a large apartment which is currently let fully furnished ( furniture is included in the price) at £750 per calendar month making this a superb buy to let investment that will generate income from day one.

The apartment is located in the Riverview development so within easy reach of the city centre,

The apartment comes with allocated, secure parking on the ground floor.

Sixth  Floor

Hallway: Laminate flooring and spiral staircase to the 7th floor

Living room: Access to balcony overlooking the river . This is well finished with good quality laminate flooring with contrasting trim. The space is L shaped and set up with one part of the L being used as a dining area.

Kitchen: Full range of fitted cupboards together with white goods.

Bedroom 2: Good sized double bedroom with access to south facing balcony.

Bedroom 3: Good sized double bedroom.

Bathroom: Marble flooring and matching part wall tiling.

Spiral staircase up to 7th floor 

The whole 7th floor is made up of a large master bedroom, ensuite shower room and what can only be described as the largest store cupboard/walk in wardrobe I have ever seen. It is bigger than a single car garage- almost the size of a  double garage and at least the size of the master bedroom ( estimated to be 5.5m by 5.5m)

In  detail the 7th floor has

Ensuite: Marble flooring and matching part wall tiling. Separate shower cubicle

Bedroom 1: Large L shaped room with fantastic views overlooking the river

Store Room/Walk in: Large walk in space ( 5.5m x 5.5m) . This space doesn't have any windows so should only be considered for storage purposes

Other Details

Council Tax Band C

Tenure - Leasehold. 125 years from 1st January 2004

Service Charge for 2023 £4387.47 ( Service Charge for 2024 not yet been set)

Ground rent £239.65 per annum

Please note that these are the most recent figures we have and are subject to change.

The development has cladding to the upper floors which we understand does not meet current standard under The Building Safety Act 2022. It has been confirmed that the building is eligible for funding from the Building Safety Fund and  has just been allocated funds to carry out pre- tender support which will allow the project team to plan and tender for remedial works. 

As such the seller is only entertaining offers from cash purchasers

Please note that this property is owned by one of the Directors of Olympic Lettings