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5 bed terraced house
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Price History
Our Summary
- For sale via online auction
- Huge potential
- This provides a clear blueprint for modernization, allowing an investor to renovate, add value, and potentially significantly increase the rental yield
- Whether you are looking to retain the current layout or execute a full refurbishment to satisfy the improvement order and maximize the 6-bedsit potential, this property offers a rare "blank canvas" for professional portfolio growth
- We recommend an immediate viewing to appreciate the scale of the building and an early download of the legal pack to prepare for the auction
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Description
A substantial terraced property in the SR2 postcode of Sunderland is available for sale. The property features a large internal layout with 5 spacious bedrooms, 2 reception rooms, and 2 bathrooms, making it ideal for multi-occupancy living. It has a Certificate of Lawful Existing Use for 6 bedsits and is currently generating £700 per month in rent.
The property is subject to a Sunderland Council Improvement Order, providing a clear blueprint for modernization and potential capital appreciation. The location is in the heart of SR2, near local amenities, transport links, and the city centre, and is in Council Tax Band A.