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3 bed business park
Foyle Street, City Centre, Sunderland SR1
£179,950
Foyle Street, City Centre, Sunderland SR1
£179,950
Our Summary
- Located in a grade two listed early Victorian terrace this converted house offers an excellent buy to let investment and development opportunity
- Potential buyers may wish to retain the commercial use or investigate conversion into two well-proportioned one bedroom apartments, subject to planning consent
- Also possible (subject to planning consent) to convert into a one bedroom residential apartment (details of conversion cost available upon request)
Description
This converted Victorian property is a rare opportunity for a buy-to-let investor or developer. The property currently comprises a stylish, furnished three-bedroom maisonette generating £775 per month in rent, as well as two commercial units on the lower ground and raised ground floors. The commercial units, formerly used as a hairdresser and beautician, have potential for conversion into two one-bedroom apartments, subject to planning consent. The property also features a small town garden and a large open courtyard with parking spaces. Located in the Sunniside conservation area, the property offers easy access to the city center, transport links, and local amenities.