If you're looking to invest in rental residential properties for the first time or want to grow your existing property portfolio, the Tyne & Wear port town of Sunderland is a surprisingly good choice to do so.
Sunderland is a port city located in a coastal position, offering proximity to the River Wear, with the popular city of Newcastle upon Tyne 20 miles away. This mix of rural and city life offers buyers the best of both worlds - making it a property hub for various different people.
The city is currently running several regeneration projects focused on rejuvenating the city center and coastline, making it a more attractive place to live (source). This includes the Riverside regeneration project, which will provide new homes and office spaces with a total investment of around £80 million.
Sunderland had a 72% employment rate, with approximately 130,000 people employed (source).
Sunderland had a 72% employment rate, with approximately 130,000 people employed (source).
Discover our investment opportunities in Sunderland
Sunderland's city center is undergoing significant regeneration, with new developments and improved infrastructure making it an attractive location for property investment.
The Riverside area benefits from an £80 million regeneration project including new homes and office spaces. This area is becoming increasingly popular among both residents and businesses.
The area around the University of Sunderland is popular among students, providing consistent demand for rental properties. This makes it an ideal location for rental investments.