Fixed price
£111,500
1 bed flat for saleParsons Road, Washington NE37
1 bed
1 bath
About this property
On street/residents parking
Double glazing
20% Below Market Value
Completed, Ready to Occupy
Up to 7% Net on AST and 11% Net with Short-term Lets
Close to major employers, including Nissan, the UK’s largest car manufacturing
Premium flooring, white goods, and high-quality finishes
For investors, Parsons House presents an exceptional opportunity with apartments available below market value. Built to an impeccable standard, each unit boasts high-end fixtures and fittings, ensuring both quality and appeal.
With a significant shortage of modern, well-built housing in the area, the development is poised for strong rental returns and long-term growth potential. Parsons House isn’t just an investment-it’s your gateway to one of the most promising property markets in the North East.
Mortgage calculator
£557 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (999 years)
Service charge
£2 per month
Council tax band
Ground rent
Ground rent date of next review


