6 bedroom terraced house

INVESTMENT / DEVELOPMENT MULTI LET INVESTMENT An exciting opportunity to purchase a mid terraced house comprising of 5no self contained flats offering a unique investment / development opportunity. The building is part let with 3 flats tenanted but 2 flats do required modernisation to bring them up to a lettable standard. The property is arranged over 4 floors provide 5no self contained flats. Currently producing £2075 PER MONTH / £24,900 PER ANNUM but when fully let a potential of £3425 PER MONTH / 41,100 PER ANNUM. Externally there is a lawned garden to the front and a rear yard. St Bedes Terrace is a much sought after private road and provided excellent access to transport links, shops and amenities as well as Mowbray Park and Sunderland City Centre only a short walk / car journey. Viewing of this exciting project and investment property is highly recommended to appreciate the location and potential on offer.

Tenancy Details - It has been advised that the following rents are payable for the property.

FLAT 1: IN NEED OF MODERNISATION
FLAT 2: IN NEED OF MODERNISATION
FLAT 3: £675 per month
FLAT 4: £750 per month
FLAT 5: £650 per month

Full details in relation to the tenancy details are available upon request, the rents were advised by the landlord and correct at the time of listing. Prospective purchasers should make their own investigations in this regard as the rent can sometimes change.

Entrance Hall - Leading to:

Flat One - In Need Of Moderisation - Inner Hall, storage cupboard

Kitchen - 3.85 x 1.88 (12'7" x 6'2") - Floor units radiator, stainless steel sink and drainer

Bathroom -

Bedroom/Living Room - 4.70 x 5.98 (15'5" x 19'7") -

Flat Two - In Need Of Modernisation -

Living Room/Kitchen - 6.13 x 3.76 (20'1" x 12'4") - Double radiator, kitchen with floor units, wall mounted gas central heating boiler,

Bedroom - 3.39 x 3.63 (11'1" x 11'10") - Double glazed window, radiator

Shower Room - Low level wc, wash hand basin, radiator, shower cubicle, double glazed window

Flat Three -

Bedroom - 4.53 x 2.69 (14'10" x 8'9") - Rear facing, radiator, cupboard with wall mounted gas central heated boiler.

Inner Hall -

Living Room - 6.50 max x 535 max (21'3" max x 1755'2" max) - Bay window, ornate feature fire, double radiator.

Flat Four -

Inner Hall - Radiator, storage cupboard

Living Room - 3.57 x 4.72 (11'8" x 15'5") - Front facing two windows, radiator

Bedroom - 4.09 x 2.30 (13'5" x 7'6") - Front facing, radiator

Kitchen - 2.98 x 2.20 (9'9" x 7'2") - Range of floor and wall units, tile canvasback, stainless steel sink and drainer with mixer tap, plumbed for washer, space for freestanding cooker, storage cupboard

Bedroom - Rear facing, radiator

Shower Room - White suite comprising, low level wc, pedestal wash hand basin with mixer tap and tile splashback. shower cubicle, chrome towel radiator, extractor

Flat Five - Landing, radiator, storage cupboard.

Bathroom - White suite comprising of a low level WC, pedestal basin with mixer tap, chrome towel radiator, cupboard with wall mounted gas central heating boiler, bath with mixer tap and shower over.

Kitchen - 2.36 x 3.44 (7'8" x 11'3") - Range of floor and wall units, tiled splashback, stainless steel sink and drainer with mixer tap, electric over, gas hob, t fall roof in part, reccessed spot lighting, radiator.

Bedroom - 5.47 max x 4.33 max (17'11" max x 14'2" max ) - Ornate feature fire, t fall roof in part, velux style window.

External - Externally there is a front lawned garden and a rear yard

Free Valuations - We are pleased to offer a free valuation service for prospective purchasers considering a sale of their own property. We can advise you with regard to marketing, without obligation

Mortgage Advice - Mortgages can be arranged via our Financial Advisers subject to status. Your home may be repossessed if you do not keep up repayments on your mortgage.

Tenure - We are advised by the Vendors that the property is Freehold. Any prospective purchaser should clarify this with their Solicitor

Council Tax - The Council Tax Band is Band

FLAT 1 BASEMENT: A
FLAT 2 GROUND FLOOR REAR: A
FLAT 3 GROUND FLOOR FRONT: A
FLAT 4 FIRST FLOOR: A
FLAT 5 SECOND FLOOR : A

Epc - EPC Ratings:

Flat 3: D
Flat 4: C
Flat 5: D