Land for sale in Azalea Terrace North, Sunderland SR2

Guide price £300,000 (£15,975,550.12/ac)
Land for sale 0 ac*
Interested in this property? Call +44 191 686 1492 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • 2x two storey, three floor properties
  • Total of 17 bedsits
  • Excellent investment opportunity
  • Current rental income 41,160PA
  • Excellent town centre location
  • 2x freehold titles

Property description

Summary

The subject lot is two adjoining two story, three floor brick built buildings, separated into 17 bedsits. Located with the Ashbrooke area of Sunderland city centre, this is an ideal investment for anyone looking to expand portfolio. Currently, 15 of the 17 bedsits are tenanted, generating an annual income of 41,160.

Location

The properties occupy a prominent corner position on this sought after road, Azalea Terrace North, Ashbrooke. Just a few minutes walk from city centre, Sunderland University is also within walking distance as well as an abundance of shops, restaurants and good transport links into Sunderland and Newcastle city centre.

Accommodation

Properties 1 and 2 Azalea Terrace North make up a total of 17 bedsits.

Tenure

Freehold. Title numbers TY85927 and TY83637.

Lease Details

Currently, 15 out of 17 bedsits are let, generating an annual income of 41,160. A full list of tenancy details can be made available upon request.

EPC

Available upon request.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Property info

Ground Floor, 1 Azalea View original

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Pattinson - Commercial, NE1 on +44 191 686 1492 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pattinson - Commercial, and do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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