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St. Bedes Terrace, Christchuch, Sunderland

£300,000

Ref: St Bedes Terrace
Type: Terraced House
Availability: Sold STC
Bedrooms: 6
Bathrooms: 5
Reception Rooms: 5

Sold STC

INVESTMENT SALE
5 NO SELF CONTAINED FLATS
3 NO FLATS LET
2 NO FLATS REQUIRE MODERNISATON
CURRENT RENTAL £2075 PER MONTH / £24,900 PER ANNUM
POTENTIAL RENTAL WHEN LET £3425 PER MONTH / 41,100 PER ANNUM
VIEWING ADVISED
EPC RATINGS: Flat 3: D Flat 4: C Flat 5: D

Property Summary

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.

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