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For more information about this property or to arrange a viewing, please use our enquiry form below, call us on 0191 565 7000 or email us directly at info@michaelhodgson.co.uk

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Azalea Terrace North, Ashbrooke, Sunderland

£385,000

Ref: Azalea Terrace North
Type: End of Terrace House
Availability: For Sale
Bedrooms: 6
Bathrooms: 5
Reception Rooms: 5

For Sale

INVESTMENT SALE
4 OUT OF 5 FLATS LET
1 FLAT BEING REFURBISHED READY TO LET
5NO SELF CONTAINED FLATS
VIEWING ADVISED
CURRENTLY PRODUCING £2450 PER MONTH - £29,400 PER ANNUM
POTENTAIL RENTAL OF £3200 PER MONTH, £38,400 PER ANNUM
EPC Ratings: Flat 1: D Flat 2: D Flat 3: D Flat 5: C

Property Summary

INVESTMENT / MULTI LET INVESTMENT An exciting opportunity to purchase a an end terraced property comprising of 5 no self contained flats offering a unique investment opportunity. The building is part let with 4 flats let but 1 flat is currently being refurbished which will be completed as soon as possible. The property is arranged over 3 floors providing 5no self contained flats. Currently producing £2450 PER MONTH / £29,400 PER ANNUM but when fully let a potential of £3200 PER MONTH / £38,400 PER ANNUM. Externally there is a front forecourt and a rear yard. Azalea Terrace North is situated on the fringe of the city centre and offers excellent access to transport links, shops and amenities with 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.

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