20 bedroom block of apartments for sale

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20 bedroom block of apartments for sale

Norfolk Street, Sunderland SR1
£1,300,000

Our Summary

  • An incredible investment opportunity awaits serious property investors with this block of apartments and commercial units for sale in the heart of Sunderland's city centre
  • With an annual rental income of £118,640 from the current tenants, there is also potential to increase rents for the flats, offering a lucrative opportunity for growth
  • Don't miss out on this fantastic investment opportunity - schedule a viewing today to explore the potential of this property on Norfolk Street, Sunderland SR1

Description

This investment opportunity presents a block of apartments and commercial units for sale in the heart of Sunderland's city centre, situated on Norfolk Street. The property comprises 14 self-contained apartments, ranging from 1 to 3 bedrooms, each with its own separate entrance, meters, utilities, and boilers, as well as dedicated car parking at the rear. Additionally, there is a ground floor commercial unit currently operating as a dance studio and a rented basement storage unit. The building is fully compliant with fire safety regulations and has up-to-date gas and electric certifications, ensuring peace of mind for investors. With an annual rental income of £118,640 from current tenants, there is also potential to increase rents for the flats, offering a lucrative opportunity for growth. The property is located near public transportation links, schools, and local amenities, making it an attractive investment opportunity for serious property investors.
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