West Wear Street, Sunderland

GBP 40,000
For Sale

Property Details

Bedrooms

2

Bathrooms

2

Property Type

Apartment

Description

Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 2

Agent: Rent North East - Gateshead Phone: 0191 392 0343

<strong>Echo Building, West Wear Street, Sunderland, SR1 1XD<br/></strong><br/><strong>Why you’ll love it<br/></strong><br/>City living, riverside vibe - landmark Echo Building location with lifts and great access to the centre & Uni.<br/>Fantastic river views<br/>Two proper doubles + two bathrooms — ideal for sharers or a lock-up-and-leave.<br/>Investment opportunity - rent c. £850 pcm + 3 months free management (Rent North East) on completion.<br/>Low entry price for a large 2-bed in SR1; strong cashflow potential.<br/><br/><strong>The apartment<br/></strong><br/>Bright open-plan living/kitchen, principal bedroom with en-suite, second double, and family bathroom. Third-floor position with double glazing and electric heating. End-of-corridor layout totalling 678 ft² (63 m²).<br/><br/><strong>Key facts at a glance<br/></strong><br/>Title/term: Leasehold, Title TY481383. 125 years (less 1 day) from 01/02/2004 — approx. 103 years remaining.<br/>Ground rent: ~£250 p.a. (example demand £125 for half-year 29/09/25–24/03/26).<br/>Service charge: Latest Q4 2025 invoice £1,224.64 (1 Oct–31 Dec) — indicative annualised c. £4,900 (subject to budget/reconciliation).<br/>Council Tax: Band D (buyers to verify current year’s charge).<br/>Parking: The lease “grants an exclusive use of the car parking as therein mentioned.” Buyers should rely on the lease plan/management replies. Apartments in this building typically have access to a car parking bay, with permits available from Kingston Property Service at a set fee.<br/>EPC: C (80), valid to 04/09/2028. <br/>Council Tax: Band D.<br/><br/><strong>Building & safety:<br/></strong><br/>The seller and building docs confirm cladding remediation is in progress under the landlord/agent’s programme; historic waking-watch previously noted. Mainstream lending may be constrained during works — cash buyers best placed today. Request the management pack for scope, funding route and target sign-off (e.g., EWS/Completion Statement).<br/><br/><strong>For investors<br/></strong><br/>Letting potential: c. £850 pcm (two beds/two baths, city centre).<br/>Incentive: 3 months free management with Rent North East (on completion).<br/><br/><strong>Compliance & Material Information<br/></strong><br/>Prepared from seller disclosures and supplied documents including Law Society TA6/TA7/TA10, Required Material Information, Land Registry and recent service-charge/ground-rent demands. Buyers must rely on their own enquiries, searches and the final management pack.<br/><br/>These particulars are issued in good faith but do not form part of any offer or contract. Measurements are approximate; images and descriptions are for guidance only. Any reference to alterations, parking rights or building-safety works does not imply that necessary consents or sign-offs are in place.<br/><br/>Council Tax Band: D<br/>Tenure: Leasehold<br/>Lease Years Remaining: 103<br/>Ground Rent: £250.00 per year<br/>Service Charge: £4900.00 per year

Location

Address

West Wear Street, Sunderland

City

Sunderland

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