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Lot 11

Collinwood Court Investment Flat in Washington

Guide price £ 18,000

Type of Sale

Auction

Key Features

  • 1–2 bedrooms lounge fitted kitchen and bathroom
  • Balcony or Juliette balcony in select units
  • Communal secure entrance with entry-phone system
  • Double-glazed windows & combination boiler
  • NE37 3EF
  • On-site parking bays & communal garden area
  • Online bidding & full legal pack available
  • Purpose-built freehold flat in Collinwood Court
  • Vacant possession; ideal for immediate let
Property for sale by Auction 159 Collingwood Court Washington features a large, multi-story brick apartment building with balconies set against a blue sky with scattered clouds. Below, several garage units with white doors are visible. To the left, a row of parked cars sits on a paved area, while nearby grass and trees add greenery. Presented by Palace Auctions
Property for sale by Auction A landscaped courtyard with neatly trimmed hedges, pathways, and cone-shaped topiary adorns the grounds of 159 Collingwood Court Washington. The area is surrounded by a multi-story brick apartment building, while outdoor benches and steel arch structures are spread throughout the greenery under a partly cloudy sky. Presented by Palace Auctions
A living room in Collingwood Court with beige walls and carpet. A dark brown leather sofa is positioned near a white wall, and there is a wooden fireplace with a dark screen. A black and white photo hangs on the wall above. Brown curtains cover a window, and a round rug is on the floor. Investment apartments for sale by auction with Palace Auctions.
A living room with a brown leather sofa against a wall of windows showing a green, outdoor landscape in the stylish Collingwood Court. There's a small circular rug in front of the sofa. To the left, there is a fireplace and a metal log holder. The room has a beige carpet and light-painted walls.
Property for sale by Auction A small, empty room with white walls and a tan carpet at 159 Collingwood Court, Washington. There is a built-in desk with peeling paint and visible wear attached to the back wall. A light switch is mounted on the left wall, and some exposed pipes run vertically along the back wall. Presented by Palace Auctions
Property for sale by Auction A minimalist kitchen corner in 159 Collingwood Court, Washington, features a green countertop, white tiled backsplash, and beige walls. A wooden cabinet is mounted on the right wall, with an electrical outlet on the backsplash and a tall, empty glass container on the countertop. Presented by Palace Auctions
Property for sale by Auction A small bathroom at 159 Collingwood Court, Washington, features a white pedestal sink with two faucets, a rectangular mirror above it, a white toilet to the right, and a partially visible bathtub on the left. The walls are covered with white tiles. Presented by Palace Auctions
Property for sale by Auction A small kitchen at 159 Collingwood Court, Washington, with a beige wall and wooden cabinets. A white boiler is mounted above the green counter, which holds several apples arranged in a row and is partially tiled with white ceramic tiles. Part of a stainless steel sink is visible. Presented by Palace Auctions
Property for sale by Auction A small, empty room at 159 Collingwood Court, Washington, features plain white walls and grey carpet. A dark-colored leather armchair is partially visible in the lower left corner. A bright window with vertical blinds is on the left wall, and an open doorway leads to another small area with a window. Presented by Palace Auctions
Property for sale by Auction A small, empty room at 159 Collingwood Court, Washington, with beige walls and gray carpet. There's a brown pendant light hanging from the ceiling. An open door leads to a kitchen area with wooden cabinets and a stove. A brown curtain is partially hanging off a rod covering a window on the right wall. Presented by Palace Auctions
Property for sale by Auction A cozy living room at 159 Collingwood Court, Washington, features a brown leather sofa near a large window allowing in ample natural light. A fireplace with a wooden mantle is set against one wall, and a framed picture hangs above it. A patterned round rug is placed on the carpeted floor. Presented by Palace Auctions
Property for sale by Auction A living room at 159 Collingwood Court, Washington, features carpeted floors and white walls. It contains a brown leather sofa, a small circular rug, a wooden mantlepiece, and a picture of a pier on the wall. Dark curtains cover one doorway while brown lampshades hang from the ceiling. Presented by Palace Auctions
Property for sale by Auction A front door at 159 Collingwood Court, Washington is open, revealing a small entryway with hooks on the wall and a red-striped rug on the floor. Beyond the entryway, a view of a living room with a black sofa near a window is visible. Presented by Palace Auctions
Property for sale by Auction The large apartment complex at 159 Collingwood Court, Washington, surrounds a green courtyard. Pathways intersect the grassy areas, which are lined with benches and bushes. A blue metal framework structure stands in the center. The complex has multiple floors with windows and balconies. Presented by Palace Auctions
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Property for sale by Auction 159 Collingwood Court Washington features a large, multi-story brick apartment building with balconies set against a blue sky with scattered clouds. Below, several garage units with white doors are visible. To the left, a row of parked cars sits on a paved area, while nearby grass and trees add greenery. Presented by Palace Auctions
Property for sale by Auction A landscaped courtyard with neatly trimmed hedges, pathways, and cone-shaped topiary adorns the grounds of 159 Collingwood Court Washington. The area is surrounded by a multi-story brick apartment building, while outdoor benches and steel arch structures are spread throughout the greenery under a partly cloudy sky. Presented by Palace Auctions
A living room in Collingwood Court with beige walls and carpet. A dark brown leather sofa is positioned near a white wall, and there is a wooden fireplace with a dark screen. A black and white photo hangs on the wall above. Brown curtains cover a window, and a round rug is on the floor. Investment apartments for sale by auction with Palace Auctions.
A living room with a brown leather sofa against a wall of windows showing a green, outdoor landscape in the stylish Collingwood Court. There's a small circular rug in front of the sofa. To the left, there is a fireplace and a metal log holder. The room has a beige carpet and light-painted walls.
Property for sale by Auction A small, empty room with white walls and a tan carpet at 159 Collingwood Court, Washington. There is a built-in desk with peeling paint and visible wear attached to the back wall. A light switch is mounted on the left wall, and some exposed pipes run vertically along the back wall. Presented by Palace Auctions
Property for sale by Auction A minimalist kitchen corner in 159 Collingwood Court, Washington, features a green countertop, white tiled backsplash, and beige walls. A wooden cabinet is mounted on the right wall, with an electrical outlet on the backsplash and a tall, empty glass container on the countertop. Presented by Palace Auctions
Property for sale by Auction A small bathroom at 159 Collingwood Court, Washington, features a white pedestal sink with two faucets, a rectangular mirror above it, a white toilet to the right, and a partially visible bathtub on the left. The walls are covered with white tiles. Presented by Palace Auctions
Property for sale by Auction A small kitchen at 159 Collingwood Court, Washington, with a beige wall and wooden cabinets. A white boiler is mounted above the green counter, which holds several apples arranged in a row and is partially tiled with white ceramic tiles. Part of a stainless steel sink is visible. Presented by Palace Auctions
Property for sale by Auction A small, empty room at 159 Collingwood Court, Washington, features plain white walls and grey carpet. A dark-colored leather armchair is partially visible in the lower left corner. A bright window with vertical blinds is on the left wall, and an open doorway leads to another small area with a window. Presented by Palace Auctions
Property for sale by Auction A small, empty room at 159 Collingwood Court, Washington, with beige walls and gray carpet. There's a brown pendant light hanging from the ceiling. An open door leads to a kitchen area with wooden cabinets and a stove. A brown curtain is partially hanging off a rod covering a window on the right wall. Presented by Palace Auctions
Property for sale by Auction A cozy living room at 159 Collingwood Court, Washington, features a brown leather sofa near a large window allowing in ample natural light. A fireplace with a wooden mantle is set against one wall, and a framed picture hangs above it. A patterned round rug is placed on the carpeted floor. Presented by Palace Auctions
Property for sale by Auction A living room at 159 Collingwood Court, Washington, features carpeted floors and white walls. It contains a brown leather sofa, a small circular rug, a wooden mantlepiece, and a picture of a pier on the wall. Dark curtains cover one doorway while brown lampshades hang from the ceiling. Presented by Palace Auctions
Property for sale by Auction A front door at 159 Collingwood Court, Washington is open, revealing a small entryway with hooks on the wall and a red-striped rug on the floor. Beyond the entryway, a view of a living room with a black sofa near a window is visible. Presented by Palace Auctions
Property for sale by Auction The large apartment complex at 159 Collingwood Court, Washington, surrounds a green courtyard. Pathways intersect the grassy areas, which are lined with benches and bushes. A blue metal framework structure stands in the center. The complex has multiple floors with windows and balconies. Presented by Palace Auctions
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Description

Collinwood Court investment flat at 159 Collinwood Court, Washington (NE37 3EF) offers a rare freehold buy-to-let opportunity in Tyne and Wear. Situated just minutes from Concord town centre, this purpose-built flat features a secure communal entrance with entry-phone system, a bright lounge, fully fitted kitchen and one or two bedrooms served by a three-piece bathroom. The property benefits from double-glazed windows, a modern combination boiler and a balcony (or Juliette balcony), enhancing tenant appeal and energy efficiency.

Investors will appreciate the strong local rental market:

North East yields peaked at nearly 8% in Q1 2024, and Washington flats average around 6%–7% gross returns. Based on our detailed ROI analysis. An investor purchasing at or near the average Collinwood Court price of £36,250 and investing a modest £2,000 in refurbishment can secure an estimated net yield of 7.1%, out-performing regional and national averages.

The flat’s location provides superb transport links. Concord bus interchange a short walk away and easy road access via the A194(M) to the A1(M). South Hylton rail station is within reach, connecting to Sunderland and Newcastle. Local facilities include The Galleries Shopping Centre, schools, parks and leisure amenities. In turn this makes the flat attractive to a wide tenant profile.

Moreover, recent data shows NE37 3EF prices rose by 96% year-on-year. Rental values in the area support yields up to 10.6%. Prospective buyers should download the legal pack, review floor plans, and bid online for the 17 April 2024 auction. Whether you’re building a buy-to-let portfolio or seeking a high-yield standalone investment, this Collinwood Court flat represents exceptional value.
Investment Highlights:
Freehold flats in a secure, purpose-built development
Average price £36,250; minimal refurbishment required
Net yields up to 7.1% (gross up to 10.98%)
Strong rental demand & low vacancy in NE37 area.

Internal & External Links 🔗

Internal. Auction Calendar
Internal.  Tyne and Wear Investment Guide
External.  Sunderland City Council – https://www.sunderland.gov.uk
External. The Galleries Shopping Centre – thegalleries-sunderland.co.uk

Listing Update Time & Date

Updated: Sunday, July 27, 2025, 10:28 

Get in touch

Tom Barrett Palace Auctions Director Company Director/Sales Director

Location

159 Collinwood Court in Washington, NE37 3EF ///combining.hints.handed

Viewing Details

Viewing’s Available subject to 48 Hours Notice upon request with one of our agents.

Accommodation

This two bedroom flat comprises entrance hall leading to a spacious lounge, fitted kitchen with a range of base and wall units, Family Bathroom and Two good sized bedrooms bedrooms and is

 

Benefitting from uPVC double glazing and Gas Central Heating it will make an excellent addition to the buy to let land lords portfolio.

 

Lounge 19’0 x 14’6

 

Kitchen 10’6 x 5’9

 

Bedroom 1 11’0 x 11’0

 

Bedroom 2 10’9 x 10’0

 

Bathroom

 

Tenure: Leasehold – 125 years from April 1986 (89 Years Remaining)

Map

Street View

Income
Currently Vacant having previously achieved an income of £5,160.00 P.A
Service Charge – £1000 per annum
Ground Rent – £10 per annum

EPC

EPC Rating: C
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Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing.

The Auctioneers do not warrant or represent that any plans or photographs show the up-to-date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.