6 bedroom block of apartments for sale

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6 bedroom block of apartments for sale

Esplanade West, Sunderland SR2
£395,000

Our Summary

  • Investment opportunity
  • The option to split the titles prior to completion on a 999-year lease provides flexibility and potential for each flat to have a share of the freehold held by the management company
  • The outstanding investment opportunity with a steady 6
  • 6% yield and excellent potential for capital growth makes this property a lucrative option for those looking to expand their property portfolio

Description

This investment opportunity presents a fully refurbished block of apartments with a 999-year lease, offering flexibility and potential for each flat to have a share of the freehold. Located in the heart of Sunderland City Centre, the property boasts easy access to amenities, transportation links, and local facilities. The area is set to undergo redevelopment, adding to its appeal and potential for future growth. With a steady 6.6% yield and excellent capital growth prospects, this property is a lucrative option for those looking to expand their portfolio. The apartments are currently let or vacant, with a 6-month AST in place for some units, providing a steady income stream. Don't miss out on this chance to own a piece of prime real estate in Sunderland and schedule a viewing today.
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