Sponsored Get a Survey — free quotes via ReallyMoving
6 bed terraced house
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying a property with potential — compare up to 5 quotes free
Price History
Our Summary
- 1 no requires fully refurbishment
- 1NO REQUIRES FULLY REFURBISHMENT
- EXCELLENT POTENTIAL
- INVESTMENT / DEVELOPMENT MULTI LET INVESTMENT An exciting opportunity to purchase a mid terraced property comprising of 4no self contained flats offering a unique investment / development opportunity
- The building is part let with 3 flats let but 1 flat does required full modernisation to bring it up to a lettable standard
- Viewing of this exciting project and investment property is highly recommended to appreciate the location and potential on offer
- FLAT 1: £675 per monthFLAT 2: £650 per monthFLAT 3: £750 per monthFLAT 4: IN NEED OF MODERNISATION - BUT COULD RENT FOR £750 PER MONTHCurrent rental £2075 per month, £24,900 per month but when fully let could produce £33,900 per annumFull details in relation to the tenancy details are available upon request, the rents were advised by the landlord and correct at the time of listing
Get alerted when similar properties are listed — Subscribe
Description
This mid-terraced property in Argyle Square, on the fringe of Sunderland city center, offers a unique investment and development opportunity. The property is currently part-let with three self-contained flats, generating £2,075 per month, but with one flat in need of modernization to bring it up to a lettable standard. When fully let, the property has the potential to produce £2,825 per month, £33,900 per annum.
The property has a communal entrance hall, leading to four self-contained flats, each with its own kitchen, living area, and bathroom. The property also benefits from a front forecourt and rear yard. With excellent access to transport links, shops, and amenities, this property is an attractive investment opportunity for those looking to generate a strong rental income.