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Property for sale
Stockton Road and 29 Olive Street, Sunderland, Tyne and Wear, SR1 3NW
£350,000
Stockton Road and 29 Olive Street, Sunderland, Tyne and Wear, SR1 3NW
£350,000
Our Summary
- * We are pleased to offer to auction this mixed use investment opportunity that is situated on a corner terrace parade between Olive Street and Stockton Road
- All retail units and flats are fully let generating an income of £56,000 with the potential to increase this further
Description
This mixed-use investment opportunity is being sold via online bidding and is situated on a corner plot in a prime location. The property consists of four ground-floor retail units and a six-bedroom HMO (House of Multiple Occupation) above, with all units and flats currently fully let and generating an annual income of £56,000. With potential to increase the income further, this property presents a unique opportunity for investors to acquire a lucrative and well-located mixed-use asset.