Terraced house for sale
Key information
Property description & features
- Size: 9202 sqft
- Ideal investment opportunity
- City Centre Location
- 2023 RICS Valuation: £600,000
- Great condition throughout
- Massive Development Potential
- Potential to convert into student / residential studios
- Plus potential for additional studios through upward extension.
With a RICS valuation completed in July 2023 for £600,000, this has been priced for a quick
sale.
The ideal buyer will either rent this as full commercial, convert into mixed
residential-commercial tenure or convert into a student/ residential accommodation block.
All three options will generate huge annual cash-flow with strong demand from commercial
and residential tenants.
The property is conveniently located within Sunderland's city centre and within a short walk
to the bus station, train station, University and hospital.
With £500 million being invested into redeveloping Sunderland's city centre this property will
benefit from both strong capital appreciation and strong rental demand.
This property has been priced to sell to a smart investor who recognises value when they
see it.
Full Description - This is an ideal opportunity for an investor or developer.
With a RICS valuation completed in July 2023 for £600,000, this has been priced for a quick
sale.
The ideal buyer will either rent this as full commercial, convert into mixed
residential-commercial tenure or convert into a student/ residential accommodation block.
All three options will generate huge annual cash-flow with strong demand from commercial
and residential tenants.
The property is conveniently located within Sunderland's city centre and within a short walk
to the bus station, train station, University and hospital.
With £500 million being invested into redeveloping Sunderland's city centre this property will
benefit from both strong capital appreciation and strong rental demand.
This property has been priced to sell to a smart investor who recognises value when they
see it.
Video Tour Available
Physical and Virtual Tour Available too
EPC: C
Important Info - Please note that all sizes have been measured with an electronic measure tape and are approximations only. Under the terms of the Misdescription Act we are obliged to point out that none of these services have been tested by ourselves. We cannot vouch that any of the installations described in these particulars are in perfect working order. We present the details of this property in good faith and they were accurate at the time of which we inspected the property. Stuart Edwards for themselves and for the vendors or lessors of this property whose agents they are, give notice, that: (1) the particulars are produced in good faith, are set out as a general guide only, and do not constitute any part of a contract; (2) no person in the employment of Stuart Edwards has the authority to make or give any representation or warranty in relation to this property.
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Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
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Property reference 32815937. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Stuart Edwards Estate Agents - Claypath.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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