>
St. Bedes Terrace, Christchuch... 6 bed terraced house for sale
St. Bedes Terrace, Christchuch, Sunderland
£300,000
St. Bedes Terrace, Christchuch, Sunderland
£300,000
Our Summary
- INVESTMENT / DEVELOPMENT MULTI LET INVESTMENT An exciting opportunity to purchase a mid terraced house comprising of 5no self contained flats offering a unique investment / development opportunity
- The building is part let with 3 flats tenanted but 2 flats do required modernisation to bring them 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: IN NEED OF MODERNISATIONFLAT 2: IN NEED OF MODERNISATIONFLAT 3: £675 per monthFLAT 4: £750 per monthFLAT 5: £650 per monthFull 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
- 98 (15'5" x 19'7") - Flat Two - In Need Of Modernisation - Living Room/Kitchen - 6
- 2 NO FLATS REQUIRE MODERNISATON
- 2 no flats require modernisaton
Description
<|start_header_id|>assistant<|end_header_id|>
Here is a summary of the property description in a single paragraph:
This mid-terraced house in Sunderland offers a unique investment and development opportunity, comprising five self-contained flats over four floors. The property is part-let, with three flats tenanted, but two require modernization to bring them up to a lettable standard. The current rental income is £2,075 per month, but with full occupancy, the potential rental income could be £3,425 per month. The property has a lawned garden to the front and a rear yard, and is situated on a sought-after private road with easy access to transport links, shops, and amenities. The flats vary in size and condition, with some requiring renovation, but offer a great opportunity for investors or developers to capitalize on the area's growing popularity.